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You just received an insurance settlement offer related to an accident you had six years ago. The offer gives you a choice of one of

You just received an insurance settlement offer related to an accident you had six years ago. The offer gives you a choice of one of the following three offers:

Option A: $1,000 a month for 6 years

Option B: $8000 a year for 10 years

Option C: $55,000 as a lump sum payment today

You can earn 6 percent on your investments. You do not care if you personally receive the funds or if they are paid to your heirs should you die within the settlement period. Which option is best for you considering todays value? (Show calculation for each option)

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