You will receive a

$120,000

inheritance in 8 years. You could invest that money today at

8%

compounded semi-annually. What is the present value of your inheritance?\

$64,256

\

$64,123

\

$64,375

\

$64,069

You will receive a $120,000 inheritance in 8 years. You could invest that money today at 8% compounded semi-annually. What is the present value of your inheritance? $64,256 $64,123 $64,375 $64,069