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In an investment set up as a perpetual trust, the annual disbursement for the first 10 years is $10,000. The trust is set up with
In an investment set up as a perpetual trust, the annual disbursement for the first 10 years is $10,000. The trust is set up with $100,000. Determine the disbursement that can be made from year 11 through infinity if the interest earned is 5% per year. You must show your work to receive ANY credit for this problem. NOTE: Disbursement is the payment from the trust fund. TL
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