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Your grandparents would like to establish a trust fund that will pay you and your heirs $110,000 per year forever with the first payment 7

Your grandparents would like to establish a trust fund that will pay you and your heirs $110,000 per year forever with the first payment 7 years from today. If the trust fund earns an annual return of 2.1 percent, how much must your grandparents deposit today

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