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You just inherited a trust that will pay you $100,000 per year in perpetuity. However, the first payment will not occur for exactly five more years. Assuming an 8 percent annual interest rate, what is the value of this trust?
Osmoregulator
An organism that regulates its internal osmotic pressure, maintaining fluid and electrolyte balance despite external conditions.
Antidiuretic Hormone
A hormone released by the pituitary gland that regulates water retention in the body by increasing the concentration of solutes in the blood.
Collecting Ducts
Tubules in the kidneys that receive urine from the nephrons and transport it into the renal pelvis and ureter.
Reabsorbed
The process by which substances are taken back into the blood from the filtrate produced in the kidneys.
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