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Question 3 (I mar Ken will receive a $15 000 annual payment from a family trust. This will continue until Ken is 30; he is
Question 3 (I mar Ken will receive a $15 000 annual payment from a family trust. This will continue until Ken is 30; he is now 20. Inflation averages 4 percent and Ken's real MARR is 8 percent. If the first payment is a year from now and a total of 10 payments are to be made, what is the present worth of his remaining income from the trust? Question 3 (I mar Ken will receive a $15 000 annual payment from a family trust. This will continue until Ken is 30; he is now 20. Inflation averages 4 percent and Ken's real MARR is 8 percent. If the first payment is a year from now and a total of 10 payments are to be made, what is the present worth of his remaining income from the trust
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