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1. Alex was injured in an accident caused by an Overnight Freight delivery driver. To settle the claim from Alex's injuries, Overnight Freight agreed to

1. Alex was injured in an accident caused by an Overnight Freight delivery driver. To settle the claim from Alex's injuries, Overnight Freight agreed to pay Alex six annual payments of $35,000 with the first of these payments five years from today. assuming a 4 percent annual interest rate, what is the present value of Alex's settlement?

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