Question

you are in talks to settle a potential lawsuit. the defendant has offered to make annual payments of 23000 29000 56000 and 84000 to you each year over the next four years respectively. all payments will be made at the end of the year. if the appropriate interest rate is 4.5 percent what is the value of the settlement offer today

Answer 1

The defendant has offered to make annual payments of $23,000, $29,000, $56,000, and $84,000 to you each year over the next four years,