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You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving the insurance proceeds. payments

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You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving the insurance proceeds. payments of $641 a month for ten years. You can earn 6.5 percent on your money you take and why? You can receive a lump sum of $50,000 today or receive 6.5 percent on your money. Which option should You should accept the payments because they are worth S 56,451 .91 today. B. You should accept the payments because they are worth $56,523.74 today C. You should accept the payments because they are worth $56,737.08 today A. You should accept the $50,000 because the payments are only worth $47,757.69 today E. You should accept the $50,000 because the payments are only worth $47,808.17 today D

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