5 You just settled an insurance claim, and in total you will receive annual payments over eight years. The list payment of $7,250 will be paid one year from today, and the payments will increase by 1.75 percent annually. What is the value today of this settlement if you can earn 6.53 percent on your investments? A) $42,211 B $43,959 $44,723 $45,260 E $46,620