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1. As a result of a lawsuit, you will pay $50,000 a year from now, $100,000 in two years, and $150,000 in three years. If

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1. As a result of a lawsuit, you will pay $50,000 a year from now, $100,000 in two years, and $150,000 in three years. If the annual interest rate is 1.75% per year, answer the following questions showing your formula(s) with numbers inserted. a. b. What is the present value of your losses? What is the future value of your losses in three years

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