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Grandma Jenkins knows that she has between six and nine months left to live. She wants to leave each of her grandchildren $1,000 when she
Grandma Jenkins knows that she has between six and nine months left to live. She wants to leave each of her grandchildren $1,000 when she dies. For this purpose, she has established a trust fund and has deposited sufficient monies to provide for her twelve grandchildren. Today, she just discovered that her daughter is going to have a baby, increasing the number of her grandchildren to thirteen. To ensure her final wish is fully funded, Grandma Jenkins needs to:
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