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You have received a lump-sum settlement of $160,000 from a work-related injury lawsuit. You want to invest this lump sum and take out regular monthly

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You have received a lump-sum settlement of $160,000 from a work-related injury lawsuit. You want to invest this lump sum and take out regular monthly payments for the next 35 years with nothing left of the lump sum. If you can earn 3% interest on your investment, how much will you be able to take out each month? You own a classic 1967 Ford Mustang that is currently worth $26,000. You believe that this car will increase in value at the rate of 4% per year. If that is correct, what will the car be worth in 20 years

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