You just settled an insurance claim what is the value of, Financial Management

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You just settled an insurance claim what is the value of

You just settled an insurance claim. The settlement calls for increasing payments over a 10-year period. The first payment will be paid one year from now in the amount of $10,000. The following payments will increase by 4.5 percent annually. What is the value of this settlement to you today if you can earn 8 percent on your investments?

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Financial Management: You just settled an insurance claim what is the value of

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