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Your grandparents would like to establish a trust fund that will pay you and your heirs $ 1 9 0 , 0 0 0 per

Your grandparents would like to establish a trust fund that will pay you and your heirs $190,000 per year forever with the first payment 9 years from today. If the trust fund earns an annual return of 3.7 percent, how much must your grandparents deposit today?
Multiple Choice
$3,570,790.03
$4,740,124.74
$5,135,135,14
$3,839,916.90M
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