What is the present value of your trust fund if you have projected that it will provide you with $50,000 7 years from today and it earns 10% compounded annually?
A) $25,000.00
B) $25,657.91
C) $28,223.70
D) $29,411.76

Name: What is the present value of your trust fund if you have projected that it will provide you with $50,000 7 years from today and it earns 10% compounded annually? A) $25,000.00 B) $25,657.91 C) $28,223.70 D) $29,411.76
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Question

Quizplus · Accepted Answer

PV = FV / (1 + r)^tPV = $50,000 / 1.10⁷PV = $25,657.91

What Is the Present Value of Your Trust Fund If