You are the beneficiary of a trust fund that will start paying you cash flows in...

You are the beneficiary of a trust fund that will start paying you cash flows in 5 years. The cash flows will be $ 19933 per year and there will be a total of 35 yearly cash flows paid. If the interest rate is 5.5 % per year, what is the value needed in the trust fund now to fund these cash flows?

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:The Fish Trust is a simple trust. Mrs. Jones is its sole beneficiary. In the current...

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