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A trust fund will start to pay you $15 200 per year at the beginning of each year once you turn 18. The prevailing
A trust fund will start to pay you $15 200 per year at the beginning of each year once you turn 18. The prevailing interest rate is 8.79% compounded annually. For how long can you receive payments if you are celebrating your 14th birthday today and the current value of your trust fund is $111 345? OA) 20.97 years B) 24.97 years C) 29.77 years D) 29.07 years E) 20.07 years
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