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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. you

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 limp sum of $100,000 today or receive payments of $1,500 a month for 8 years. you an earn 5.5 percent on your money. which option should you take and why

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