Question: ***How do you know based on the question that the number of years is 17? How would you know that?? Will be downvoted if just

***How do you know based on the question that the number of years is 17? How would you know that?? Will be downvoted if just answering the question with how to solve for the correct answer of 8,482.

What is the present value of your trust fund if you have projected that it will provide you with $50,000{t]} years from today and it earns 11% compounded annually? Answer: 14,292.04(8,482)

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