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As a settlement for an insurance claim, Craig was offered one of two choices. He could either accept a lump - sum amount of $

As a settlement for an insurance claim, Craig was offered one of two choices. He could either accept a lump-sum amount of $4956now, or accept quarterly payments of $141 for the next ten years. If the money is placed into a trust fund earning 3.33% compounded semi-annually, which is the better option and by how much?
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The quarterly (payments/lump) sum option is better by $___.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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