Your Rich Uncle Establishes a Trust in Your Name and Deposits

question 71

Multiple Choice

Your rich uncle establishes a trust in your name and deposits $150,000 in it. The trust pays a guaranteed 4% rate of return. How much will you receive each year if the trust is required to pay
You all of the interest earnings on an annual basis?

• A) $3,750
• B) $4,000
• C) $4,500
• D) $5,400
• E) $6,000

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