[Solved] You will receive an inheritance of $ 2 5

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You will receive an inheritance of $ 2 5 0 , 0 0 0 in 2 0 years on your 4 0 th birthday. What

You will receive an inheritance of $

250, 000

20

years on your

40

th birthday. What is the value of the inheritance today if the discount rate is

5 % ?

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