In 17 years, Maggie Oaks is to receive $100,000 under the terms of a trust established by her grandparents. Assuming an interest

Question

In 17 years, Maggie Oaks is to receive $100,000 under the terms of a trust established by her grandparents. Assuming an interest rate of 5.4%, compounded continuously, what is the present value of Maggie's legacy?

Kunduz · Accepted Answer

Click to see the answer