Multiple Choice
The Blackwell Co. expects to receive $135,000 from an insurance settlement four years from now. If the company can earn 11% on its investments, what is the value of the insurance settlement worth
Today?
A) $85,368.94
B) $87,693.43
C) $88,928.68
D) $130,161.39
E) $140,018.48
Correct Answer:
Verified
Correct Answer:
Verified
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