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Business, 12.12.2019 00:31 710jonathan

Carl is the beneficiary of a $24,000 trust fund set up for him by his grandparents. under the terms of the trust, he is to receive equal installments from this fund at the end of each year over a 6-year period. if the fund earns interest at the rate of 9%/year compounded annually, what amount will he receive each year

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Carl is the beneficiary of a $24,000 trust fund set up for him by his grandparents. under the terms...

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