Twelve years from now, you will be inheriting $60,000 What is this inheritance worth to you today if you can earn 6.0 percent interest, compounded annually? Feedback: Present value = $60,000/(1 + . 06) = $29,818.16 18. You want to have $32,000 for a down payment on a house 5 years from now.
Add the picture please :) i will go on your page and answer when you add the image. Remember to always double check if you have the image clipped on whenever you ask something that needs an image, thank you.
