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You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to deposit today in
You would like to establish a trust fund that would provide annual scholarships of $100,000 forever. How much would you have to deposit today in one lump sum to achieve this goal if you can earn a guaranteed 4.5 percent rate of return? $1,678,342 $1,800,000 $2,413,435 $1,620,975 $2,222,222
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