3. "Big spender" Mr. Graham is in Atlantic City for an eng to play in the poker tournament tournament, he must choose between s in Atlantic City for an engineering conference and decided " the poker tournament at the casino. As the grand prize winner of the ent, he must choose between a $3.5 million cash prize paid immediately or U per year for 20 years ($4 million). Suppose he decided on the 20 annual installments of $200,000 and considering the following two options: 1. Save his installments for the first 4 vear then spend each installment for the next / years then save for the remaining years. (b). Spend the installments for the first 4 vears, then saving for the next 7 years then spend all the remaining years. If the bank will guaranty Mr. Graham a 7% interest rate of return, how much would be in his bank account at the end of each option (a) and (b)? Draw the cash flow diagram for each option. (10pts)