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Your grandmother left you an inheritance that pays $ 540 at the end of each year for a total of 16 consecutive years. However, because

Your grandmother left you an inheritance that pays $540 at the end of each year for a total of 16 consecutive years. However, because of your young age, the payments will not begin until the end of 3 years. If the interest rate is 3.00%, what is the equivalent value of your inheritance today?

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