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Benjamin knows that he will be receiving $ 1 0 0 , 3 1 1 to settle an insurance claim, but he will not actually

Benjamin knows that he will be receiving $100,311 to settle an insurance claim, but he will not actually be paid for another 3 months. Needing cash now, he is considering an offer from a finance company to buy this payment from him by paying him cash today. The annual simple discount rate they are offering him is 27%. How much would he receive if he takes this deal?
Round your answer to the nearest dollar.Benjamin knows that he will be receiving $100,311 to settle an insurance claim, but he will
not actually be paid for another 3 months. Needing cash now, he is considering an offer
from a finance company to buy this payment from him by paying him cash today. The annual
simple discount rate they are offering him is 27%. How much would he receive if he takes
this deal?
Round your answer to the nearest dollar.
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