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Becky Wilkinson Wants to Establish a Trust Fund That Will

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Becky Wilkinson wants to establish a trust fund that will provide her children and heirs with a perpetual annuity in the amount of ​ Becky Wilkinson wants to establish a trust fund that will provide her children and heirs with a perpetual annuity in the amount of ​   ​ Thousand dollars per year beginning next year. If the trust fund will earn an interest rate of 10% per year compounded continuously, find the amount that she must place in the trust fund now. Hint: Use the formula   A)  $350,000 B)  $290,000 C)  $380,000 D)  $370,000 E)  $400,000
Thousand dollars per year beginning next year. If the trust fund will earn an interest rate of 10% per year compounded continuously, find the amount that she must place in the trust fund now.
Hint: Use the formula Becky Wilkinson wants to establish a trust fund that will provide her children and heirs with a perpetual annuity in the amount of ​   ​ Thousand dollars per year beginning next year. If the trust fund will earn an interest rate of 10% per year compounded continuously, find the amount that she must place in the trust fund now. Hint: Use the formula   A)  $350,000 B)  $290,000 C)  $380,000 D)  $370,000 E)  $400,000

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