Question
Your grandparents would like to establish a trust fund that will pay you and your heirs $185,000 per year forever with the first payment 1
Your grandparents would like to establish a trust fund that will pay you and your heirs $185,000 per year forever with the first payment 1 year from today. If the trust fund earns an annual return of 3.6 percent, how much must your grandparents deposit today?
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The Ultra High Net Worth Bankers Handbook
Authors: Heinrich Weber, Stephan Meier
1st Edition
1905641753, 978-1905641758
