Your great aunt left you an inheritance in the form of a trust. The trust agreement states that you are to receive $$3,600$ on the first day of each year, starting immediately and continuing for $20$ years. What is the value of this inheritance today if the applicable discount rate is $6\mathrm{.}75$ percent?

Your great aunt left you an inheritance in the form of a trust. The trust agreement states that you are to receive $$3,600$ on the first day of each year, starting immediately and continuing for $20$ years. What is the value of this inheritance today if the applicable discount rate is $6\mathrm{.}75$ percent?

$$43,616\mathrm{.}11$

$$41,516\mathrm{.}01$

$$39,990\mathrm{.}43$

$$38,890\mathrm{.}88$