You recently learned that your late grandmother has left you an inheritance. Your inheritance will allow you to receive the amount of $1700 at the end of each year for a total of 19 consecutive years. However, because of your young age, these amounts will not begin until the end of 7 years. If the interest rate is 6%, what is the equivalent present value of the inheritance? $12615.33 $29251.28 $14174.59 $18968.80 $13372.25