Engineering Economy(Not sure if it belongs here just need help):
A rich man put up a trust fund in the bank with instructions to give his son the earnings of 400,000 at the end of every four (4) years and to continue until the twentieth (20th) year of the deposit when the son could get the 400,000 earning and the principal. What is the amount of money placed in the trust fund if guaranteed interest is 16% per year?

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i think this is annuity problem? but still can't solve for it.

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