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John Jacob Jingleheimer Smith would like to establish a trust fund for his kids that will pay $185,000 per year forever with the first payment

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John Jacob Jingleheimer Smith would like to establish a trust fund for his kids that will pay $185,000 per year forever with the first payment one year from today. If the trust fund earns an annual return of 3.6 percent, how much must John Jacob deposit today? Multiple Choice $5,138,88889 $4,743,58974 $4.282.40741 $4,496,52778 55,873,01587

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