Solved: A young man is the beneficiary of a trust fund established, Mathematics

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A young man is the beneficiary of a trust fund established

Question: TRUST FUNDS A young man is the beneficiary of a trust fund established for him 21 yr ago at his birth. If the original amount placed in trust was $10,000, how much will he receive if the money has earned interest at the rate of 8%/year compounded annually? Compounded quarterly? Compounded monthly?

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Mathematics: A young man is the beneficiary of a trust fund established

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