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A financial company advertises on television that they wll pay you $65,000 now in exchange for annual payments of $9,000 that you are expected to

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A financial company advertises on television that they wll pay you $65,000 now in exchange for annual payments of $9,000 that you are expected to receive for a legal settlement over the next 15 years. You estimate the time value of money at 11 percent. (a) Calculate the present value of the annual payments. Use Exhibit D (Round sime value factor to 3 declmal places and final answer to the nearest whole number) (b) Would you accept this offer? o option command command

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