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John Lang was injured in a car accident. As the result of his injuries, Mc. Lang won a legat case that aliown him to caliect

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John Lang was injured in a car accident. As the result of his injuries, Mc. Lang won a legat case that aliown him to caliect Sionoo cash per year for four years, In order to pay his medical bills, Mr. Lang needs his money now. Assuming an ordinary anrialy atid a 12 . required rate of return, which of the following represents the amount of cash a finaneing compony would be wiling to pay todiey to buy the annulty owed to Mr. Lang? (Use the PVA of Si table) Note: Round your answer to the nearest whole dollar. Multiple Choice $91.120. $120,000. $83,647. None of these cholces are correct

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