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14. You want to set up a trust fund. If you make a payment at the end of each year for thirty years and earn

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14. You want to set up a trust fund. If you make a payment at the end of each year for thirty years and earn 7 percent per year, how large must your annual payments be so that the trust is worth $750,000 at the end of the thirtieth year? $ 6,833.85 d. $ 8,101.48 $ 7,084.56 e. $ 7,288.58 c. $ 7,939.80 15 If you were promised 20 annual payments of $10,000 starting with the first payment today, compute the present value of these flows if your opportunity cost is 10 percent. $ 85,135.64 d. $ 90,908.77 $ 93,649.20 e. $ 94,669.36 $ 63,035.99 a

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