In words, describe how you would solve this problem: Marjorie is the recipient of a trust fund which will pay $5,000 a year forever. At a discount rate of 6%, what is the value today of all of the payments which will occur in year 51 or thereafter.

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The Answer of In words, describe how you would solve this problem: Marjorie is the recipient of a trust fund which will pay $5,000 a year forever. At a discount rate of 6%, what is the value today of all of the payments which will occur in year 51 or thereafter.

In Words, Describe How You Would Solve This Problem: Marjorie