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Jason Adams was awarded $6.500,000 in a legal settlement. The company obligated by the settlement has given Jason two options. He has the option of

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Jason Adams was awarded $6.500,000 in a legal settlement. The company obligated by the settlement has given Jason two options. He has the option of receiving an annuity payment of $21,666.67 per month for 25 years. Or he has the option of taking a lump sum setement today The Interest rate used to calculate the lump sum is 4.5% Calculate the present value of the lump sum option Set the calculator at begin Multiple Choice o O s3,898.05757 o O s3,912675 29 o O sso o 5563 329 05

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