You stand to inherit 160458$ from a third great aunt twice removed on your uncle's side. You estimate that the estate will settle in 170 days, whereupon you'll receive your inheritance. Unfortunately, the economy is currently experiencing a period of intense inflation and so you feel the appropriate discount rate is 9% per annum (p.a.) continuous. What do you believe the present value of your inheritance to be?

Answer rating: 100% (QA)

To calculate the present value of your 160458 inheritance given ... View the full answer