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What is the present value of $750,000 inheritance (trust fund) to be received in 20 years...

What is the present value of $750,000 inheritance (trust fund) to be received in 20 years discounted at an annual rate of 9%?

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Answer #1
Statement showing Computations
Particulars Amount
Fund to be received in 20 years       750,000.00
Discount rate 9%
PVF for 20 years at 9% = (1/1.09)^20         0.1784309
Present Value = 750,000*.1784309       133,823.18
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