Business, 23.10.2019 23:00 fluffypuppies24

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 6.5% on your money. which option should you take and why?
a. you should accept the payments because they are worth $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.
d. 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.

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You are the beneficiary of a life insurance policy. the insurance company informs you that you have...