You would like to setup a trust fund for your two children


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.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You would like to setup a trust fund for your two children
Reference No:- TGS02854144

Expected delivery within 24 Hours