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Business, 20.07.2020 01:01 gonzalesalexiaouv1bg

After settling a legal dispute, Frank must choose one of to settlement payment options. He can either receive an immediate lump sum payment of $250,000, or he can receive an installment payment package with annual payments of $25,500 spread out over a span of 10 years. Which would likely be more beneficial to him and why? A. The installment package would be better because he’ll have more money in 10 years then with the lump sum.

B. The installment payment would be better because it is more money overall.

C. The immediate payment would be better because he could use the money immediately to invest it in a safe, low return account.

D. The installment package would be better because it would prevent him from spending all of his money immediately.

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