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Posted on Jul 15, 2024

You have a structured settlement but you need cash now... so you call J.G. Wentworth and they make you a low-ball offer that you reject.

Your settlement calls for three payments of cash in the amounts of $73 paid one year from today, $54 two years from today, and finally, $31 three years from today.

Assume the discount rate is 5.8%, what is the fair and present value of this lease?

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