vanessaporter9065 vanessaporter9065

03-02-2020
Mathematics

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Benjamin Franklin bequeathed £1,000 (about $4,400 at the time) each to the cities of Boston and Philadelphia, in trust to gather interest for 200 years. When the trust came due in 1990, what was the approximate vale of the Boston Trust?

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aliakbar921853 aliakbar921853

04-02-2020

Answer: $5 million

Step-by-step explanation:

By 1990 the approximate value of the Boston Trust was $5 million and a portion of it was used to establish a trade school in Boston.

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