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Your sister just had a baby girl and your wealthy aunt wants to provide a trust fund that will pay her niece $50,000 a year

Your sister just had a baby girl and your wealthy aunt wants to provide a trust fund that will pay her niece $50,000 a year forever. The first $50,000 payment will be made in 19 years. If your aunt can earn 7% on investments howmuch does she need to invest today to fund this trust fund?

Group of answer choices

$211,331

$714,286

$226,125

$197,506

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