Suppose you have just celebrated your 19th birthday if the
Question - Suppose you have just celebrated your 19th birthday. A rich uncle set up a trust fund for you that will pay you $100,000 when you turn 25. If the relevant discount rate is 11% p.a., how much is this fund worth today?
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question - suppose you have just celebrated your 19th birthday a rich uncle set up a trust fund for you that will pay
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