Business, 31.03.2020 02:24 kayleep3947
Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $ 1 comma 000 $1,000 in the first year, and will grow by 6 6% per year, forever. If the interest rate is 12 12%, how much must Martin provide to fund this bequest?
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Martin wants to provide money in his will for an annual bequest to whichever of his living relatives...
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