Your great uncle is giving you $500,000 when you turn age 30 in 9 years. What is it worth in today's dollars assuming an inflation rate of 5.3%? In the space below, please indicate what the following variables are (enter answers to four decimal places and be mindful as to whether the variable is a positive or negative number): 1. PV 2. FV 3. Rate % 4. Periods 5. Payment

Your great uncle is giving you $500,000 when you turn age 30 in 9 years. What is it worth in today's dollars assuming an inflation rate of 5.3% ? In the space below, please indicate what the following variables are (enter answers to four decimal places and be mindful as to whether the variable is a positive or negative number): 1. PV 2. FV 3. Rate % 4. Periods 5. Payment