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How much should the trust invest now

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Question - Your grandfather's family trust has decided to pay you $1250 pre-quarter for the 4 years. If a fund can earn 6.8% per annum paid quarterly how much should the trust invest now in the separate account in order that the quarterly payments can be made.

What formula would you use to solve this Time Value of Money/Discounted Cash Flow question and why?

Reference no: EM133164651

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