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A trust fund pays $54,000 each year-end in perpetuity. If the trust earns 6.0% per annum, compounding annually, the value of the trust fund today is closest to (to the nearest whole dollar; don’t use

A trust fund pays $54,000 each year-end in perpetuity. If the trust earns 6.0% per annum, compounding annually, the value of the trust fund today is closest to (to the nearest whole dollar; don’t use the $ sign or comma separators):

Apr 14 2021 View more View Less

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