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Posted on Oct 19, 2024

There's a trust in your name worth $ 1 , 5 0 0 , 0 0 0 . You can't touch it for 8 years.

There's a trust in your name worth $

1, 500, 000 .

You can't touch it for

8

years. If the

discount rate is

11.5 %

annual interest, how much is the trust worth today?

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