You recently learned that your late grandmother has left you an inheritance. Your inheritance will allow you to receive the amount of $1300 at the end of each year for a total of 18 consecutive years. However, because of your young age, these amounts will not begin until the end of 4 years. If the interest rate is 6%, what is the equivalent present value of the inheritance? $12527.49 $18028.69 $11818.38 $14075.88 $11149.42