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I need help as soon as possible alternatives 5-60 A rather wealthy man decides to arrange for his descendants to be well educated. He wants

I need help as soon as possible

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alternatives 5-60 A rather wealthy man decides to arrange for his descendants to be well educated. He wants each child to have $65,000 for his or her education. He plans to set up a perpetual trust fund so that five children will receive this assistance in each genera- tion. He estimates that generations will be spaced 25 years apart. He expects the trust to be able to obtain a 5% rate of return and the first recipients to receive the money 15 years hence. How much money should he now set aside in the trust? thes to deter

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