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Help Your grandparents would like to establish a trust fund that will pay you and your heirs $120,000 per year forever with the first pay
Help Your grandparents would like to establish a trust fund that will pay you and your heirs $120,000 per year forever with the first pay year from today. If the trust fund earns an annual return of 23 percent, how much must your grandparents deposit today? Multiple Choice $4,347,82609 $4,816,053.51 $4,565,21739 S5,21739130 $5.96273292 Your grandparents would like to establish a trust fund that will pay you and your heirs $120,000 per year forever with the first payment one year from today If the trust fund earns an annual return of 23 percent how much must your grandparents deposit today? Multiple Choice $4,1782609 $4.816.05351 $456521739 $5.217.79130 S5 962.732.92
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