What rate is the company making on this offer

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Larry has won a wrongful injury suit that awarded him $2,000 per month for the next twenty-five years. Larry heard an add on TV that said he could get all the cash out of his settlement right now by calling the 1-800 number. When he called, the advisor told him they would cash out his settlement for $300,000 today. What rate is the company making on this offer?

Reference no: EM132270546

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