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A financial company that advertises on television will pay you $60,000 now for annual payments of $10,000 that you are expocted to receive for a

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A financial company that advertises on television will pay you $60,000 now for annual payments of $10,000 that you are expocted to receive for a legal settlement over the next 10 years, Use Exhibit: 10. a. What is the present value of the annual payments if you estimate the time value of money at 10 percent? (Round your PVA factor to 3 decimal places and final answer to the nearest whole dollar.) Answer is complete but not entirely correct. b. Should you accept this offer? No O Yes

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