did i do this correctly?

You recently learned that your late grandmother has left you an inheritance. Your inheritance will allow you to receive the amount of $1900 at the end of each year for a total of 16 consecutive years. However, because of your young age, these amounts will not begin until the end of 5 years. If the interest rate is 7%, what is the equivalent present value of the inheritance? $12797.13 $17948.63 $25799.82 $13692.93 $14651.43