Question: Your crazy uncle left you a trust that will pay you $29,000 per year for the next 24 years with the first payment received one

Your crazy uncle left you a trust that will pay you $29,000 per year for the next 24 years with the first payment received one year from today. If the appropriate interest rate is 6.2 percent, what is the value of the payments today?

$339,463.05

$350,483.95

$357,329.52

$320,603.99

$369,240.51

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