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Ruth is 10. Her college trust fund will pay her college costs $100,000 per year for four years. The first payment with be on her
Ruth is 10. Her college trust fund will pay her college costs $100,000 per year for four years. The first payment with be on her 18th birthday. The trust fund earns 9% per year. Nothing will be added to the trust fund. How much is in the fund today? Group of answer choices $200,747 $218,814 $177,224 $323,972 $201,955
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Financial Management Principles And Practice
Authors: Timothy Gallagher
7th Edition
0996095462, 978-0996095464
