You will receive an inheritance of $500,000 in 20 years on your 40th birthday. What is the value of the inheritance today if the discount rate is 10%?

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@SolomonZelman @dan815 @TheSmartOne

okay so umm im not too sure what discount rate is exactly if u can explain that

xD I'm not too sure, either. I started Finance like a week ago and it's been kinda hard.

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