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An insurance settlement offer includes annual payments of $36,000, $42,000, and $50,000 over the next three years, respectively, with the first payment being made one year from today. What is the minimum
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An insurance settlement offer includes annual payments of $36,000, $42,000, and $50,000 over the next three years, respectively, with the first payment being made one year from today. What is the minimum amount you should accept today as a lump sum settlement if your discount rate is 7 percent?

A. $119,877.67
B. $111,144.18
C. $105,000.10
D. $118,924.27
E. $114,556.88

User Matthew Steeples
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1 Answer

4 votes
it’s C bc u add up all the money
User Victor Bjelkholm
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