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Before the events of Avengers: Endgame, Tony Stark decides to make arrangements so that his protg Peter Parker will be financially stable in the foreseeable
Before the events of Avengers: Endgame, Tony Stark decides to make arrangements so that his protg Peter Parker will be financially stable in the foreseeable future. To this end, Tony would like to set up a trust fund that will give Peter a yearly allowance of $50,000 adjusted for inflation every year. This trust fund would be set up in 2020 and the allowances would come at the beginning of every year (2020 included). The last allowance would come in 2040. At this point the fund would run out of money and Peter would have to find a real job. If the expected inflation for the next 20 years is 2.5% and the interest rate on Tony's Sh investments is 10%, how much money should be deposited in the fund today
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