Question: QUESTION 13 You have a structured settlement but you need cash now... so you call J.G. Wentworth and they make you a low-ball offer that

QUESTION 13 You have a structured settlement but you need cash

QUESTION 13 You have a structured settlement but you need cash now... so you call J.G. Wentworth and they make you a low-ball offer that you reject. Your settlement calls for three payments of cash in the amounts of $127 paid one year from today, $48 two years from today, and finally, $73 three years from today Assume the discount rate is 4.9%, what is the fair and present value of this lease? Skip the $ sign and answer to the nearest penny

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