You just figured out you've secretly had a $1,000 trust fund in your name this whole time. First off, congratulations. Share the wealth with your friends. Invest the rest in index funds.

But you take a look at it and realize you can't access the $1,000 for another 5 years. Assuming a 7% discount rate, how much is that trust worthtoday? Round to the nearest dollar.

A.$713

B.$1403

C.$1000

D.$935