Question: 1 points A $450,000 trust fund earns 8% compounded semi-annually. It is to make payments at the end of every month in perpetuity. What will
1 points A $450,000 trust fund earns 8% compounded semi-annually. It is to make payments at the end of every month in perpetuity. What will be the size of the monthly payments? O a) $3,000 o b) $1,800 OC) $1,955 O d) $2,453 O e) $2.951
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