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When Aaron was a small child, his grandfather established a trust fund for him to receive $15,000 on his 35th birthday Aaron just turned 23

When Aaron was a small child, his grandfather established a trust fund for him to receive $15,000 on his 35th birthday Aaron just turned 23 What is the value of his trust today if the trust fund earns 5 percent interest? If he had to wait until age 40 to receive the money, what is the present value today of the 15,000 to be received 17 years ?

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