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Instructions Acumina Howie can earn an 8% rate of return (compounded annually) on any money invested during this period, which pay out option should he

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Instructions Acumina Howie can earn an 8% rate of return (compounded annually) on any money invested during this period, which pay out option should he choose? BO L O 4 Analysis of Alternatives) Julia Baker died, leaving to her husband Brent an insurance policy contract that provides that the beneficiary (Brent) can choose any one of the following four options, (a) $55,000 immediate cash. (b) $4.000 every 3 months payable at the end of each quarter for 5 years. (c) $18,000 immedia immediate cash and $1,800 every 3 months for 10 years, payable at the beginning of each 3-month period. (d) $4,000 every 1400 every 3 months for 3 years and $1,500 each quarter for the following 25 quarters, all payments payable at the end of each quarter

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