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show your work You were injured in an accident and received a settlement offer in your lawsuit. The defendant has offered you a settlement that
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You were injured in an accident and received a settlement offer in your lawsuit. The defendant has offered you a settlement that may be paid three different ways, but you must choose one before signing the settlement papers. If the interest rate is 7 percent, which of the following offers the most value to you today? A. $1.5 million at the end of five years. B. $180,000 for each of the next ten years, starting today. C. $190,000 for each of the next ten years, starting in one yearStep by Step Solution
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