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Question 2 (10 points) Suppose you have just celebrated your 21st birthday. A rich uncle has set up a trust fund for you that will
Question 2 (10 points) Suppose you have just celebrated your 21st birthday. A rich uncle has set up a trust fund for you that will pay you $200,000 when you turn 25. If the relevant interest rate is 6% per year compounded monthly, how much does this fund worth today
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