Question: You win a judgment in an auto accident case for $127,500. You immediately receive $20,000 but must pay your lawyer's fee of $10,000. In addition,

You win a judgment in an auto accident case for $127,500. You immediately receive $20,000 but must pay your lawyer's fee of $10,000. In addition, you will receive $3,500 a year for 25 years for a total of $87,500, after which the balance owed ($20,000) will be paid. If the interest rate is 7 percent, what is the current value of your settlement? Round your answer to the nearest dollar.

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