Incorrect 0/5 pts Question 10 You are offered a court settlement in the following terms:...
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Incorrect 0/5 pts Question 10 You are offered a court settlement in the following terms: you will receive 8 equal payments of $9,940 each every year, with the first payment being made 4 years from now. The current annual interest rate is 5%. Assume yearly compounding. What is this settlement worth in present value terms? Enter your answer in terms of dollars and cents, rounded to 2 decimals, and without the dollar sign. That means, for example, that if your answer is $127.5678, you must enter 127.57 52,853.97
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