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You have been awarded an insurance settlement of $250,000 that is payable one year from today. What is the minimum amount you should accept today
You have been awarded an insurance settlement of $250,000 that is payable one year from today. What is the minimum amount you should accept today in exchange for this settlement if you can earn 16.7% on your investments? Select one: 0 a $234,301.78 o b. $238,079.19 o c. $214,224.51 d. $250,000.00 o e. $242,408.19 U Do It Centers deposited $3,200 in an account two years ago and is depositing another $5,000 today. A final deposit of $3,500 will be made one year from now. What will the account balance be three years from now if the account pays 14.85 % interest, compounded annually? Select one: 0 a $16,033.9 o b. $14,328.90 o c. $13,666.10 o d. $18,585.82 o e $15,430.84
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