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ou have received a settlement offer from an automobile manufacturer due to mechanical problems with your automobile. The manufacturer will pay you $ 1 9

ou have received a settlement offer from an automobile manufacturer due to mechanical problems with your automobile. The manufacturer will pay you $

19

comma

000

19, 000

in one lump sum fivefive years from now. You can earn

77 %

on your investments. The present value of the

manufacturer's settlement offer is closest to

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