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3. Your rich uncle dies, leaving you a life insurance policy worth $160,000. The insurance company also offers you an option to receive $10,500/year for

3. Your rich uncle dies, leaving you a life insurance policy worth $160,000. The insurance company also offers you an option to receive $10,500/year for 15 years, with the first payment due today. Which option should you use? What other considerations you have when you made decision?

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