$. You are currently 30 years old and have been injured in an accident and the guilty party's insurance company agrees to make the annual payments, beginning immediately, shown in the table below. Beginning in 2030 you will receive $30,000 until the end of your life, once the settlement contract is written and signed. While recovering at home and waiting for the contract you watch Jerry Springer and the Maury show and notice the "I want my money now" commercials. You contact the advertiser and the firm offers you $375,000 in exchange for the settlement cash flow. What is the discount rate implicit in the firm's offer if you anticipate living until age 80, or an additional 50 years? Round to 1/100th of a percent and be careful how the final 73 years of cash flow are valued. Insurance Settlement Payments Year: 2022 2023 2024 2025 2026 2027 2028 2029 2030 to End Settlement: $120,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $. You are currently 30 years old and have been injured in an accident and the guilty party's insurance company agrees to make the annual payments, beginning immediately, shown in the table below. Beginning in 2030 you will receive $30,000 until the end of your life, once the settlement contract is written and signed. While recovering at home and waiting for the contract you watch Jerry Springer and the Maury show and notice the "I want my money now" commercials. You contact the advertiser and the firm offers you $375,000 in exchange for the settlement cash flow. What is the discount rate implicit in the firm's offer if you anticipate living until age 80, or an additional 50 years? Round to 1/100th of a percent and be careful how the final 73 years of cash flow are valued. Insurance Settlement Payments Year: 2022 2023 2024 2025 2026 2027 2028 2029 2030 to End Settlement: $120,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000