Assuming an annual inflation rate of 3 what would you, Financial Management

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Assuming an annual inflation rate of 3 what would you

What compensation should be due to you today if owner negligence led to a fire in the club at which you were playing, injured you, and ruined your career? You are 35, and your lawyer estimates that your accrued earnings would amount to a reasonable $3,000,000 by the time you retired at 70. The jury agrees. Assuming an annual inflation rate of 3%, what would you collect?

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