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You would like to provide $30,000 a year forever for your heirs. how much money must you deposit today to fund this goal if you can earn a guaranteed 2.5 percent rate of return?…

You would like to provide $30,000 a year forever for your heirs. how much money must you deposit today to fund this goal if you can earn a guaranteed 2.5 percent rate of return?…
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you would like to provide $30,000 a year forever for your heirs. how much money must you deposit today to fund this goal if you can earn a guaranteed 2.5 percent rate of return?

User Noah May
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annual payment = $300,000 forever that means it is a perpetuity.

Hope This Helps!
User Bassinator
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