Define how much money should be left for given purpose

Reference no: EM132158836

Question: A man who likes cherry blossoms very much wants an urn full of them put on his grave once each year forever after he dies. In his will, he intends to leave a certain sum of money in trust at a local bank to pay the florist's annual bill. How much money should be left for this purpose? Make whatever assumptions you feel are justified by the facts presented. State your assumptions, and compute a solution.

Reference no: EM132158836

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