You are the beneficiary of a life insurance policy. 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 65% on your money. Which option should you take and why? You should accept the payments because they are worth $56, 523.74 today. You should accept the payments because they are worth $56, 737.08 today. You should accept the $50,000 because the payments are only worth $47, 767.69 today. You should accept the $50,000 because the payments are only worth $47, 808.17 today. You should accept the payments because they are worth $56, 451.91 today