i need help on 4 i) and 4 ii) please make it clear and show all the steps thank you

Name: 4. 1) If money can earn 8% annually, what is worth more: $600,000 now or $1,000,000 ten years from now? Show all your calculations. Select one option: $600,000 now OR $1,000,000 ten years from now II) If you had a choice between the following scenarios, which one would you choose? Assume the cost of capital is 10% for all options and that you want the highest amount of value at age 65. Show all your calculations. b) Invest $5,000 every year from age 21 to 23 c) Invest $7,000 every year from age 31 to 37 d) Invest $10,000 every year from age 31 to 35