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no excel please Joey, injured in an automobile accident, won a judgment that provides him $1,500 at the end of each 6 month period over
no excel please
Joey, injured in an automobile accident, won a judgment that provides him $1,500 at the end of each 6 month period over the next 6 years. If the escrow account that holds Joey's settlement award earns an annual average rate of 12% compounded semiannually, how much was the defendant initially required to pay Joey to compensate him for his injuries? 8,324.01 Not enough information to calculate 11,023.23 12,575.77 Step by Step Solution
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