The Parents of a Child Wish to Establish a Trust

Multiple Choice

The parents of a child wish to establish a trust fund for the child's college education. If they need an estimated $90,000 5 years from now and they are able to invest the money at 5.5% compounded continuously in the interim, how much should they set aside in trust now?

A) $68,361.49
B) $17,061.61
C) $17,036.73
D) $68,862.09