You are an attorney and your client was struck by a Lexus SUV driven by an orthopedic surgeon in an intersection while he was riding his bike, training for a triathlon. The Jury was sympathetic to your argument that your poor client was crippled while in the prime of his life and will never be able to participate in the one passion in his life ever again, the triathlon. The Jury awarded your client $5,000,000. It just so happens that the Surgeon has auto and personal umbrella limits totaling $5,000,000. The insurance company has appealed the decision as being excessive given that your clients medical bills were only $20,000 and that he has not on-going medical needs. At the same time they have offered to pay your client $100,000 a year for 5 years starting at the end of the year. There is a chance that the whole judgment could be thrown out on appeal. The current interest rate is 5%. Your client wants to know the present value of what he would receive from this offer, after your 30% contingency payment.