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. As a settlement for an insurance claim, Craig was offered one of two choices. He could either accept a kump-sum amount of $16,553 now,
. As a settlement for an insurance claim, Craig was offered one of two choices. He could either accept a kump-sum amount of $16,553 now, or accept compounded quarterly, which is the better option and by how much? nily payment of $187 for the next years. If the money is placed into a trust fund reg. 17 option is better by Round the final answer to the nearest certas needed. Round al intermediate values to six decimal places as needed)
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