Examlex

Solved

You Just Inherited a Trust That Will Pay You $100,000

question 53

Multiple Choice

You just inherited a trust that will pay you $100,000 per year in perpetuity.However,the first payment will not occur for exactly four more years.Assuming an 8% annual interest rate,what is the value of this trust?


Definitions:

Online Coupon Redemption

The process through which consumers apply digital or printable coupons to receive a discount or special offer when making a purchase online.

Inquiry Tests

Investigation methods used to gather information or feedback about products, services, or experiences from potential or actual users.

Product Samples

Free or low-cost portions of a product distributed to consumers to try before making a purchase decision, serving as a promotional tool.

Premiums

Items offered for free or at a reduced price as an incentive to purchase a product or to reward loyal customers.

Related Questions