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the insurance company informs you that you have two options for receiving the insurance proceeds. you can receive a lump sum of $50,000 today or

the insurance company informs you that you have two options for receiving the insurance proceeds. you can receive a lump sum of $50,000 today or receive payments of $641 a month for ten years. you can earn 6.5% on your money. which option should you take and why

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