Answer$($s$)$: $($Your response$($s$)$ are shown below, followed by the correct

answer$($s$).)$

Your grandmother left you an inheritance that pays $$500$ at the end of each

year for a total of $19$ consecutive years.

However, because of your young age, the payments will not begin until the

end of $4$ years. If the interest rate is $8\mathrm{.}00\%,$ what is the equivalent value of

your inheritance today?