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Mr . Fritz Jacobs set the tennis record in a game at JSU. For this achievement, he gets to choose between a $ 7 5

Mr. Fritz Jacobs set the tennis record in a game at JSU. For this achievement, he gets to choose between a $750 cash prize paid immediately or $90 per yearfor 10 years. He already has enough money for now so he decided on the 10 annual installments. However, he is considering the following two investment options:
a. Save the winnings for the first 4 years and then spend every cent of the winnings in the remaining 6 years he collects.
b. Spend every dime for the first 4 years then save the remaining 6 years of winning collected.
i). Draw the cash flow diagram for each option.
ii). Also, if Community Bank is advertising that they can give you a savings interest at 8% per year, how much would each option payout after the installments end? (10 pts)
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