1 a trust is to be built through a single deposit so that, Ask an Expert

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1. A trust is to be built through a single deposit, so that at the end of 15 years it is $3, 000.000 in the background. If the interest is continually capitalized the rest of the time, how much should be deposited in the fund?

2. How much money would you have to deposit today in order to have $2,000 in three years if the discount rate is 6 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))

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Financial Management, Finance

Category:- Financial Management
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