You are scheduled to receive $100,000 ten years from now due to an insurance settlement; however, you need the money today. You approach a company about buying this insurance settlement from you today. What is the amount you should expect to receive for your settlement today if the market rate of interest is currently 5.5%, compounded annually? O $74,003.15 O $72,419.05 O $58,543.06 O $63,215.46 O $100,000.00

You are scheduled to receive $100,000 ten years from now due to an insurance settlement; however, you need the money today. You approach a company about buying this insurance settlement from you today. What is the amount you should expect to receive for your settlement today if the market rate of interest is currently 5.5%, compounded annually? $74,003.15 $72,419.05 $58,543.06 $63,215.46 $100,000.00