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(Solved): You are in a car accident, and you receive an insurance settlement of $40004000 per year fo ...



You are in a car? accident, and you receive an insurance settlement of ?$40004000 per year for the next three years. The first payment is to be received today. The second payment is to be received one year from? today, and the third payment two years from today. If the interest rate is 77?%, the present value of the insurance settlement is ?$enter your response here. ? (Round your response to the nearest two decimal? place)



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