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Please show all work Fichelberger Trucking won a settlement in a lawsuit and was offered four different payment alternatives by the defendant's insurance company. The
Please show all work
Fichelberger Trucking won a settlement in a lawsuit and was offered four different payment alternatives by the defendant's insurance company. The interest rate is 8%. Ignoring the tax considerations, which of the following four alternatives has the highest present value (and thus is the best option)? Support your answer with the appropriate calculations. $180,000 now.., Present value = $180,000, $70:000 per year for the next 4 years (end-of-year payments), $15;000 now and then $33,000 per year for the next 10 years (end-of-year payments). $17,000 per year for the next 10 years (end-of-year payments) plus a lump sum payment of $245,000 at the end of the 11^th yearStep by Step Solution
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