Question: office Update to keep up-to-date with security updates, fixes, and improvements, x fx J5 B D E F 1 2 3 (18 Points) You are

office Update to keep up-to-date with security updates, fixes, and improvements, x fx J5 B D E F 1 2 3 (18 Points) You are the beneficiary of a life insurance policy. The insurance company informs 4 you that you have two options for receiving the insurance proceeds. You can receive a lump 5 sum of $120,000 today or receive payments of $1,200 a month for 8 years. You can earn 5.5 6 7 percent on your money. Which option should you take and why? 8 9 10 11 12 13 14 15 16 17 18 19

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