Question
Your grandparents would like to establish a trust fund that will pay you and your heirs $175,000 per year forever with the first payment 13
Your grandparents would like to establish a trust fund that will pay you and your heirs $175,000 per year forever with the first payment 13 years from today. If the trust fund earns an annual return of 3.4 percent, how much must your grandparents deposit today?
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Gapenskis Fundamentals Of Healthcare Finance
Authors: Paula H. Song, Kristin L. Reiter
3rd Edition
1567939759, 978-1567939750
