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Denise has an inheritance that promises to pay her 8 year-end amounts of $4,000 starting exactly 2 years from today. If she earns 4.7% p.a.,

Denise has an inheritance that promises to pay her 8 year-end amounts of $4,000 starting exactly 2 years from today. If she earns 4.7% p.a., how much is the inheritance worth in present-day dollars? Select one: a. $24,994.55 b. $25,154.77 c. $26,982.61 d. $23,872.54

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