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Laura Hall died, leaving to her husband Kevin an insurance policy contract that provides that the beneficiary (Kevin) can choose any one of the following

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Laura Hall died, leaving to her husband Kevin an insurance policy contract that provides that the beneficiary (Kevin) can choose any one of the following four options. Money is worth 2.5% per quarter, compounded quarterly. Compute Present value if: Click here to view factor tables. (a) (b) (c) c. $19,880 immediate cash and $1,988 every 3 months for 10 years, payable at the beginning of each 3-month period. (Round foctor values to 5 decimal places, es. 1.25124 and final answer to 0 decimol places, es. 458.581) Present value $ a. $55,710 immediate cash. Present value Attempts: 1 of 3 usec (b) Your answer is correct. b. $4,050 every 3 months payable at the end of each quarter for 5 years. (Round factor values to 5 decimal places, eg. 1.25124 and final answer to 0 decimal places, eg. 458,581. Present value

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