Question: please help There are three options for settling an insurance claim. Option A will provide $1,000 a month for 6 years. Option B will pay
please help
There are three options for settling an insurance claim. Option A will provide $1,000 a month for 6 years. Option B will pay $750 a month for 9 years. Option C offers $65,000 as a lump sum payment today. The applicable discount rate is 6.8 percent (APR) compounded monthly. Which option should you select, and why, if he is only concerned with the financial aspects of the offers? Option A: It provides the largest monthly payment. Option Cit is all paid tudiy. Gition B: 4 piss the weatest number of pavments Opcian C. th has the largest value today
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