Question
Your crazy uncle left you a trust that will pay you $29,000 per year for the next 24 years with the first payment received one
Your crazy uncle left you a trust that will pay you $29,000 per year for the next 24 years with the first payment received one year from today. If the appropriate interest rate is 6.2 percent, what is the value of the payments today?
$339,463.05
$350,483.95
$357,329.52
$320,603.99
$369,240.51
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
