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An insurance settlement will be paying you $25,000 every six months for 2 years while you complete your master's degree. At a 3.5 percent discount

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An insurance settlement will be paying you $25,000 every six months for 2 years while you complete your master's degree. At a 3.5 percent discount rate (APR), what are these payments worth to you on the day you enter college (hint: What is the PV of this stream of twice-yearly payments)? Select one: a. $95,774 b. $96,492 c. $93,379 d. $95,295 e. $96,252

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