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QUESTION 4 You are hurt in a car accident and your lawyer wins a $100,000 settlement to be distributed as follows: $20,000 immediate payment, $5,000

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QUESTION 4 You are hurt in a car accident and your lawyer wins a $100,000 settlement to be distributed as follows: $20,000 immediate payment, $5,000 each year for the next ten years, and a $30,000 lump-sum after ten years. If the lawyer's fee today is $10,000, what is the present value of this settlement if the interest rate is 6 percent? O $36,153.23 O $90,000.00 O $72,707.39 O $63,552.28 O $51,748.17

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