You just celebrate your 19th birthday. A rich grandfather set up a trust fund to pay you $150,000 on your 30th birthday. Because you want to finish your education, you are exploring the idea of selling your inheritance. Your brother likes the idea of buying you out; however, he has sked for a 9% rate of return. The two of you must come to an agreement.

What kind of problem is this?

a. A future value annuity

b. Simple present value of a future lump sum

c. A simple present value annuity

d. Simple future value of a lump sum

e. An extremely unusual engineering problem