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Your uncle left you an inheritance in the form of a trust. The trust agreement states that you are to receive $750 each year, starting
Your uncle left you an inheritance in the form of a trust. The trust agreement states that you are to receive $750 each year, starting today and continuing for 25 years. What is the value of this inheritance today if the applicable discount rate is 5.8%? Multiple Choice $9,772,46 $9,989.82 $10,339.26 $10,623.33 $11,004.28
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