As the beneficiary of a life insurance policy, you have two options for receiving the insurance proceeds. You can receive a lump sum of $250,000 today or receive payments of $2,100 a month for18 years. If you can earn6 percent (APR) on your money, which option should you take and why?

A.Youshouldacceptthe$250,000becausethepayments areworthonly$248,857today

B.You should accept the payments because they are worth $276,986 today.

C.Youshould accept thepaymentsbecause they are worth$250,102today.

D.You should accept thepaymentsbecause they are worth$453,600today.

E.You should accept the$250,000because thepayments are worthonly$195,413today