You recently learned that your late grandmother has left you an inheritance. Your inheritance will allow you to receive the amount of $1600 at the end of each year for a total of 13 consecutive years. However, because of your young age, these amounts will not begin until the end of 6 years. If the interest rate is 4%, what is the equivalent present value of the inheritance? $13131.96 $13657.24 $12626.88 $20411.21 $15977.04