Marshall has received an inheritance and wants to invest a sum of money today that will yield $4,700 at the end of each of the next 10 years. Assuming he can earn an interest rate of 5% compounded annually, how much of his inheritance must he invest today? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $47,000.00

$44,650.00

$42,417.50

$36,291.99

$94,000.00