You have won a court judgment entitling you to a one-time payment of $100,000. Due to legal

Question:

You have won a court judgment entitling you to a one-time payment of $100,000. Due to legal delays and appeals, your attorney estimates it will take 2 years for you to actually collect the $100,000. If your personal is 5%, what lump-sum payment today is economically equivalent to receiving $100,000 in 2 years?
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...