need help

Daryl Kearns saved $220000 during the 25 years that he worked for a mejor corporaton. Now he has retied at the age of 50 and has begun to draw a comfortable pensian check every month. He wants to ensure the financial secutity of his retirement by investing his ssvengs wisely and is cumently considering two investment opportunities. Both investments require an initial poyment of 5188 . 500 . The following table presents the estimated cash inflows for the two absernatives: M. Kearns decides to use his past average return on mutual fund imvestments as the discount rate; it is 9 percent. iPV. of St and PYA of 51) (Use apprepriate factor(s) from the tables provided.) Alequired a. Compute the met present value of each opportunty. Which should Mr. Kearns adopt based on the net present volue approach? b. Compute the payback period for each project. Which should Mr, Keams adopt based on the payback appecach? Complete this question to entering your answers in the tabs below. Compute the net present value of each opportunity. Which thould Mr, Weams acopt based on the net prisient velut approsch? (Reund your intermediase calculations and final answer to two deomer places.) a. Compute the net present value of each opportunity. Which should Mr. Kearns adopt based on the net present value approach? b. Compute the payback period for each project. Which should Mr. Kearns adopt based on the payback approach? Complete this question by entering your answers in the tabs below. Compute the payback period for each opportunity. Which should Mr. Kearns adopt based on the payback approach