Question: there is no discount. Question 22 1 points Save Answer A $450,000 trust fund earns 8% compounded semi-annually. It is to make payments at the

 there is no discount. Question 22 1 points Save Answer A
there is no discount.

Question 22 1 points Save Answer 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? a) $3,000 b) $1,800 $1,955 d) $2,453 e) $2,951

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