Question: no excel please a. Problem 2 (6 marks) You have been offered a settlement from a court case. You options are as follows: Cash settlement

 no excel please a. Problem 2 (6 marks) You have been

no excel please

a. Problem 2 (6 marks) You have been offered a settlement from a court case. You options are as follows: Cash settlement of $155,000 today. b. Offered $18,000 per year for the next 20 years with payments occurring at the end of the year and interest rates are expected to be 10 percent. Offered $18,000 per year for the next 20 years with the first payment occurring today and interest rates are expected to be 10 percent. Which offer should be accepted? Why? (Show your work) c

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