Your Uncle Left You an Inheritance in the Form of a Trust

question 78

Multiple Choice

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%?

• A) $9,772.46
• B) $9,989.82
• C) $10,339.26
• D) $10,623.33
• E) $11,004.28

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