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You would like to establish a trust fund to provide $140,000 a year forever for your heirs. The expected rate of return is 5.45 percent.
You would like to establish a trust fund to provide $140,000 a year forever for your heirs. The expected rate of return is 5.45 percent. How much money must you deposit today to fund this gift?
| $2,568,807 |
| $2,521,212 |
| $2,600,000 |
| $2,458,122 |
| $2,500,000 |
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