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If an investment in a pure discount loan is expected to repay $25,000 in 12 months and the market interest rate is 5%, how much

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If an investment in a pure discount loan is expected to repay $25,000 in 12 months and the market interest rate is 5%, how much will the loan sell for in the market? $19,092.85 $21,214.28 $23,809.52 $26,190,47 You want to set up a trust to ensure your two grandchildren will each have an income of $75,000 a year for the rest of their lives. A bond investment that returns 5% is available. How much money will you need to place in trust? $2,187,000$2,430,000$2,700,000$3,000,000

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