Becky Wilkinson wants to establish a trust fund that will provide her children and heirs with a perpetual annuity in the amount of

thousand dollars per year beginning next year. If the trust fund will earn an interest rate of 10% per year compounded continuously, find the amount that she must place in the trust fund now.

Question

Becky Wilkinson wants to establish a trust fund that will provide her children and heirs with a perpetual annuity in the amount of
​  ​
thousand dollars per year beginning next year. If the trust fund will earn an interest rate of 10% per year compounded continuously, find the amount that she must place in the trust fund now.
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Quizplus · Accepted Answer

The Answer of Becky Wilkinson wants to establish a trust fund that will provide her children and heirs with a perpetual annuity in the amount of
​  ​
thousand dollars per year beginning next year. If the trust fund will earn an interest rate of 10% per year compounded continuously, find the amount that she must place in the trust fund now.
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Becky Wilkinson Wants to Establish a Trust Fund That Will