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Question 3 2 . You would like to establish a trust fund that will provide $ 1 3 0 , 0 0 0 every year,

Question 3
2. You would like to establish a trust fund that will provide $130,000 every year, starting one year from today until forever for your heirs. The interest rate is 5.25%.
How much money must you deposit today to fund this trust fund?
A. $2,476,190.48
B. $2,260,869.57
C. $2,190,476.19
D. You cannot set up such a trust fund since it requires an infinite amount of payments in future.
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