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our grandparents would like to establish a trust fund that will pay you and your heirs $205,000 per year forever with the first payment one
our grandparents would like to establish a trust fund that will pay you and your heirs $205,000 per year forever with the first payment one year from today. If the rust fund earns an annual return of 4 percent, how much must your grandparents deposit today? Multiple Choice $5,857,142.86 $5,125,000.00 $4,484,375.00 $4,730,769.23 $4.270.833.33 our grandparents would like to establish a trust fund that will pay you and your heirs $205,000 per year forever with the first payment one year from today. If the rust fund earns an annual return of 4 percent, how much must your grandparents deposit today? Multiple Choice $5,857,142.86 $5,125,000.00 $4,484,375.00 $4,730,769.23 $4.270.833.33
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