How much do you need to have in the trust fund

Assignment Help Financial Management

Reference no: EM132060682

You would like to setup a trust fund for your two children to ensure that they will be taken care of in the future.

You would like each of your children to receive $50,000 per year starting at the end of this year. (2 x $50,000 = $100,000 payment received each year).

How much do you need to have in the trust fund if you are able to receive 4% interest indefinitely.

Reference no: EM132060682

Questions Cloud

Anti-seizure medication for dogs : Potassium bromide is used as an anti-seizure medication for dogs. Calculate the molar concentration of 8.25 x 10-2 mol of KBr in 45.0 mL of solution.

How do you find the ratio of moles : How do you find the ratio of moles of H2O to moles of anhydrous KAl(SO4)2

How much would it cost to purchase : You would like to be holding a protective put position on the stock of XYZ Co. to lock in a guaranteed minimum value of $107 at year-end.

Analyze supply and demand for health care services : Analyze the economic trends of the health care payment system. Assess the role of ethics and compliance in the health care finance environment.

How much do you need to have in the trust fund : You would like to setup a trust fund for your two children to ensure that they will be taken care of in the future.

Explain how much money do you receive from the buyer : You place a limit sell-order at $27.28. If the trade executes, how much money do you receive from the buyer?

What is the concentration of caffeine in tea : A cup of 125 mL of reasonably strong Twinings English BreakfastTM tea has approximately 110 mg of caffeine.

Discuss how every organization has a mission and a vision : Discuss how every organization has a mission and a vision, and how a company's approach to planning and its mission becomes translated into action plans.

Metabolize glucose as an energy source : The process of cellular respiration is the pathway that most organisms utilize to metabolize glucose as an energy source.

User Account

All Pages