You are the beneficiary of a trust fund that will start paying you cash flows in five years. The cash flows will be $25,000 per year and will continue for 40 years. If the interest rate is 4% per year, what is the value needed in the trust fund now to fund these cash flows?

Q: What does it take to become a personal financial advisor?

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Q: Discuss the role of finance in business. What is the purpose of financial management?

A: The question is based on the concept of Accounting theory.

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Q: What skills and knowledge can a person obtain by taking a Personal Finance course?

A: A personal finance course can provide an individual with the skills and knowledge they need to…

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Q: Explain to me more about the topic of "EVOLUTION OF FINANCE"?

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A: Personal finance involves managing money and budget for a person or a family.   It involves aspects…

Q: Why is corporate finance important to stakeholders?

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