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You are 21 years old today. Your grandparents set up a trust fund that will pay you $25,000 per year for 20 years, starting on
You are 21 years old today. Your grandparents set up a trust fund that will pay you $25,000 per year for 20 years, starting on your 65th birthday to supplement your retirement. If the trust can earn 7.5% per year, how much will your grandparents need to put in the trust fund today (rounded to the nearest ten dollars)?
Group of answer choices
A) $44,926
B) $5,250
C) $17,450
D) $22,310
explain
u have to pick one of the given answers 11000 is not given here please select one
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