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As a settlement for an insuarance claim, Craig was offered one of two choices. He could ethier accept a lump sum amount of $ 1
As a settlement for an insuarance claim, Craig was offered one of two choices. He could ethier accept a lump sum amount of $ now, or accept monthy payments of $ for the next ten years. If the money is placed into a trust fund earing compounded quarterly, which is the better option, and by how much?
As a settlement for an insuarance claim, Craig was offered one of two choices. He could ethier accept a lump sum amount of $ now, or accept monthy payments of $ for the next ten years. If the money is placed into a trust fund earing compounded quarterly, which is the better option, and by how much?
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