Ally Wishes to Leave a Provision in Her Will That

question 14

Multiple Choice

Ally wishes to leave a provision in her will that $2000 will be paid annually in perpetuity to a local charity.How much must she provide in her will for this perpetuity if the interest rate is 6%?

• A)$3201.21
• B)$21,200.00
• C)$33,333.33
• D)$42,000.00

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