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Your grandparents would like to establish a trust fund that will pay you and your heirs $ 1 2 5 , 0 0 0 per

Your grandparents would like to establish a trust fund that will pay you and your heirs
$125,000 per year forever with the flrst payment 15 years from today. If the trust fund
earns an annual return of 2.4 percent, how much must your grandparents deposit today?
$4,207,258.16
$4,340,277.78
$3,254,984.67
$3,736,795.91
$3,649,214.75
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