Establishing a college trust for the youngest grandchild

Reference no: EM131785396

Question: Grandparents plan to establish a college trust for their youngest grandchild. How much is needed now so the trust, which earns 6.4%, compounded quarterly, will provide $4000 at the end of each quarter for 4 years after being deferred for 10 years? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131785396

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