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Question
you are hurt in a car accident and your lawyer wins a $100,000 settlement to be distributed as follows:
$20,000 immediate payment
$5,000 a year for ten years
$30,000 after ten years.
if the lawyer's fee is $10,000, what is the value of this settlement if the interest rate is 6 percent?
Answer
This answer is hidden. It contains 200 characters.
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