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You recently learned that your late grandmother has left you an inheritance. Your inheritance will allow you to receive the amount of $ 1 0

You recently learned that your late grandmother has left you an inheritance. Your inheritance will allow you to receive the amount of $1000 at the end of each year for a total of 12 consecutive years. However, because of your young age, these amounts will not begin until the end of 6 years. If the interest rate is 9%, what is the equivalent present value of the inheritance?
$4269.71
$4653.98
$7160.73
$12609.81
$5072.84

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