Your grandparents were extremely successful business owners. As a result of their success, they just established a trust fund for your benefit and the benefit of your future heirs. Your first annual payment from this trust will be received one year from today in the amount of $12,750. The trust is designed such that the payment amount will stay the same each year. The payments will continue forever. What is the value of your trust account today at a discount rate of 6.4 percent? $302,590.00 O $199,218.00 $498,712.00 $216,068.00

Your grandparents were extremely successful business emners. As a result of their success, they just established a trust fund for your benefit and the benefit of vour future heirs Your first annual pavment from this trust will be received one year from today in the amount of $12.750. The trust is designed such that the payment amount wil stay the same each year. The payments will continue forever. What is the value of your trust account today at a discount rate of 6.4 percent? $302.590.00 5199211+00 5490712.00 5216,05000