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16. You would like to establish a trust fund that will provide $120000 a year starting in 10 years from now and lasting forever for

16. You would like to establish a trust fund that will provide $120000 a year starting in 10 years from now and lasting forever for your heirs. The trust fund is going to be invested very conservatively so the expected rate of return is only 5.75%, compounded annually. How much money must you deposit today to fund this gift for your heir.

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