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Your grandparents would like to establish a trust fund that will pay you and your heirs $195,000 per year forever with the first payment 10
Your grandparents would like to establish a trust fund that will pay you and your heirs $195,000 per year forever with the first payment 10 years from today. If the trust fund earns an annual return of 3.8 percent, how much must your grandparents deposit today? O $3,404,710.00 O $3,668,38436 $4,276,315.79 $5,131,578.95 O $4,736,842.11
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