Question

to establish a trustfund of 120,000$, 3 years from now at an interest rate of 20%...

to establish a trustfund of 120,000$, 3 years from now at an interest rate of 20% compounded quarterly. how much money would i have to set aside now?
A.) 120,000(1.05)^-12
B.) 120,000(1.2)^-12
C.)120,000(1.05)^-60
D.)120,000(1.2)^-60
E.)120,000e^-0.6

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