Question: eBook Problem 7-23 You win a judgment in an auto accident case for $122,500. You Immediately receive $25,000 but must pay your lawyer's fee of

 eBook Problem 7-23 You win a judgment in an auto accident

eBook Problem 7-23 You win a judgment in an auto accident case for $122,500. You Immediately receive $25,000 but must pay your lawyer's fee of $10,000. In addition, you will 12.500 a year for 25 years for a total of $62,500, after which the balance owed ($35,000) will be paid. If the interest rate is 7 percent, what is the current value of your seleent? Lise Append B and Appendix D to answer the question. Round your answer to the nearest dollar

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