What Is the Present Value of Your Trust Fund If

question 26

Multiple Choice

What is the present value of your trust fund if you have projected that it will provide you with $50,000 on your 30^th birthday (7 years from today) and it earns 10% compounded annually?

• A) $25,000.00
• B) $25,657.91
• C) $28,223.70
• D)$29,411.76

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