Question: A long - lost relative recently created a trust fund for you in her will. Per the terms of the trust fund, you will receive

A long-lost relative recently created a trust fund for you in her will. Per the terms of the trust fund, you will receive $69,000 per year forever. You, however, must wait 5 years for your first check. If the current discount rate is 5%, what is the value of your inhertiance?

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