The amount that should be deposited in the trust fund for 5 children to receive $ 65000 each. First recipients will receive money after 15 years and after that each generation will be spaced 25 years.

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Chapter 5, Problem 60P

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To find: The amount that should be deposited in the trust fund for 5 children to receive $65000 each. First recipients will receive money after 15 years and after that each generation will be spaced 25 years.

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