as a settlement for an insurance claim Craig was offered one of two choices he could either except a lump sum amount of $5628 now or except the quarterly payments of $206 for the next nine years if the money is placed into a trust fund earning 7.28% compounded annually which is the better option and by how much?

As a settlement for an insurance claim, Craig was offered one of two choices He could either accepta lumpsum amount of $5020 now or coopt Quarterly payments of 3205 for the rest nine years. If the money placed into a truefund caring 728% compounded annually, which is the better option and by how much? The Molion is better by (Round the final anwer to the test cant as needed. Round all intermediate values to six decimal places as needed