What is the present value of your inheritance

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You will receive a $100,000 inheritance in 15 years. Your investments earn 6% per year, compounded annually. To the nearest hundred dollars, what is the present value of your inheritance?

Reference no: EM13301131

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What is the present value of your inheritance : You will receive a $100,000 inheritance in 15 years. Your investments earn 6% per year, compounded annually. To the nearest hundred dollars, what is the present value of your inheritance?
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