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Your great aunt left you an inheritance in the form of a trust. The trust agreement states that you are to receive $1,500 on the

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Your great aunt left you an inheritance in the form of a trust. The trust agreement states that you are to receive $1,500 on the first day of each year, starting immediately and continuing for 15 years. What is the value of this inheritance today if the applicable discount rate is 5.5%? Select one: O $15,056.37 O $15,884.47 O $15,569.49 0 $16,347.96

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