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29. Your grandparents would like to establish a trust fund that would pay annual payments to you and your heirs of $80,000 a year forever.

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29. Your grandparents would like to establish a trust fund that would pay annual payments to you and your heirs of $80,000 a year forever. How much do your parents need to deposit into this trust fund today to achieve their goal if the fund can earn 7 percent interest? A. $675,300.13 B. $750,000.00 C. $1,142,857.14 D. $1,500,775.00 E. $1,750,525.00 Perpetuity=$ /0. $

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