Question: Ron's uncle left him an inheritance that will be distributed in the following way: $45.000 today, $40,000 next year $35,000 in two years, and $25,000
Ron's uncle left him an inheritance that will be distributed in the following way: $45.000 today, $40,000 next year $35,000 in two years, and $25,000 in three years. If Ron can earn 6% in his investments, how much is the inheritance worth today?
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