explain calculations in detail so i can learn.

The table below shows the projected free cash flows of an acquisition target. The discount rate to value the target is 9% discount rate. The acquiring company expects the terminal period to begin at the end of 2025 with a perpetual growth rate of 3% from that point on. The Present Value of $1 Table (Table 3) tells us: Terminal Value using perpetual growth equation: KwgFW+1 Question: Based on the information above and using the terminal value with perpetual growth formula, what is the value of this target company as of 12/31/21 ? Hint: You need to figure out the present value of the free cash flows from 2021 through 2025 as of the end of 2021 (Year 0) and add it to the terminal value at the end of 2025 discounted to the end of 2021