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Your grandparents would like to establish a trust fund that will pay you and your...

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Your grandparents would like to establish a trust fund that will pay you and your heirs $145,000 per year forever with the first payment 7 years from today. If the trust fund earns an annual return of 2.8 percent, how much must your grandparents deposit today? Multiple Choice $4,152,073.70 $4,315,476.19 $4,387,845.05 $4780,21978 $5,178,57143

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