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A financial company advertises on television that they will pay you $50,000 now in exchange for annual payments of $6,500 that you are expected to

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A financial company advertises on television that they will pay you $50,000 now in exchange for annual payments of $6,500 that you are expected to receive for a legal settlement over the next 10 years. You estimate the time value of money at 9 percent. 1. Calculate the present value of the annual payments. (Exhibit1-A, Exhibit 1-B, Exhibit 1-C, Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. 2. Would you accept this offer? Complete this question by entering your answers in the tabs below. Calculate the prosent value of the annual payments. Note: Round time value factor to 3 decimal places, Do not round other intermediate calculations. Round final answer to 2 decimal places. Exhibit 1-A Future Value (Compounded Sum) of \$1 after a Given Number of Time Periods Exhibit 1-D Present Value of S1 Received at the End of Each Period for a Given Number of Time Periods (an Annuity) Exhibit 1-C Present Value of $1 to Be Received at the End of a Given Number of Time Periods Exhibit 1-B Future Value (Compounded Sum) of S1 Paid In at the End of Each Period for a Given Number of Time Periods (an Annuity)

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