What is the amount that she should accept in this scenario

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Question - Sarah just won a settlement with an insurance company, which entitles her to receive payments of $43,835 at the beginning of each year for the next 9 years. Her financial advisor recommended to her that she consider accepting a lump-sum payment now, using a discount rate of 7.53%. What is the amount that she should accept in this scenario?

Reference no: EM133142933

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