You recently learned that your late grandmother has left you an inheritance. Your inheritance will allow you to receive the amount of $1800 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 7 years. If the interest rate is 3%, what is the equivalent present value of the inheritance?

	A	$15564.95
	B	$16031.89
	C	$23692.24
	D	$16512.85
	E	$19142.92

young age, these amounts will not begin until the end of 7 years. If the interest rate is 3%, what is the equivalent present value of the inheritance? $15564.95 $16031.89 $23692.24 $16512.85 $19142.92