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Your brother, who is 6 years old, just received a trust fund that will be worth $25,000 when he is 21 years old. If the
Your brother, who is 6 years old, just received a trust fund that will be worth $25,000 when he is 21 years old. If the fund earns0.08interest compounded annually, what is the value of the fund today?
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
