Mathematics, 25.04.2021 18:50 kelli151

A man stipulates in his will that $50 000 from his estate is to be placed in a fund from which his three children are to each receive an equal amount when they reach age 21. When the man dies, the children are ages 19, 15, and 13. If this fund earns interest at j, = 6%, how much does each reccive?

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A man stipulates in his will that $50 000 from his estate is to be placed in a fund from which his t...