please explain how to do these

3 After hearing a knock at your front door, you are surprised to see the Prize Patrol from a large, well-known magazine subscription company. It has arrived with the good news that you are the big winner. having won $35 million. You have three options. 1.36 (a) Receive $1.75 million per year for the next 20 years. points (b) Have $11.75 million today. (c) Have $3.5 million today and receive $1,450,000 for each of the next 20 years. Your financial adviser tells you that it is reasonable to expect to earn 12 percent on Investments. -Book Required: 1. Calculate the present value of each option. (Future Value of $1. Present Value of $1. Future Value Annuity of $1. Present Value Hint Annuity of $1.) (Use appropriate factor(s) from the tables provided. Round your final answer to the nearest whole dollar. Enter your answers in dollars, not in millions.) Print Present Value Option A Option B References Option C 2. Determine which option you prefer. O Option A O Option B O Option C4 As a result of a slowdown In operations. Tradewind Stores is offering employees who have been terminated a severance package of $101,000 cash paid today: $101,000 to be paid In one year, and an annuity of $27,000 to be paid each year for 9 years. 1.36 points What Is the present value of the package assuming an Interest rate of 9 percent? (Future Value of $1. Present Value of $1, Future Value Annuity of $1, Present Value Annulty of $1.) (Use appropriate factor(s) from the tables provided. Round the final answer to nearest whole dollar.) -Book Present Value Print References5 Harwell Printing Co. Is considering the purchase of new electronic printing equipment. It would allow Harwell to Increase Its net Income by $61,288 per year. Other Information about this proposed project follows: 1.36 points Initial investment $326,800 Useful life 6 years Salvage value $ 98,800 -Book Assume straight line depreciation method is used. Required: Hint 1. Calculate the accounting rate of return for Harwell. (Round your percentage answer to 1 decimal place.) 2. Calculate the payback perlod for Harwell. (Round your answer to 2 decimal places.) Print 1. Accounting Rate of Return % 2. Payback Period years Reference