Question: To settle a class action lawsuit related to a data breach involving credit card information, EliteLend must make cash payments according to the following schedule.Year

To settle a class action lawsuit related to a data breach involving credit card information, EliteLend must make cash payments according to the following schedule.Year

123456

Payments

(

) 87, 000 96, 500 104, 000 119, 500 141, 500 171, 000

Payments are due at the beginning of each year as indicated. The judge presiding over the case will approve an amount that, along with earnings on investment, will cover the annual payments. The investment options are limited to the following.

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