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Question: C Bentley a wealthy shipping magnate, is interested in establishing a Trust Fund for his grandson, whom just turned 14years. C bentley wants the

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C Bentley a wealthy shipping magnate, is interested in establishing a Trust Fund for his grandson, whom just turned 14years. C bentley wants the Trust Fund to contain 5 000 000 on the Boy's 22nd birthday. If the fund can earn 8% annual interest, calculate how much C Bentley needs to deposit today?

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