Please kindly show all steps to your answer, thank you!

5. Buzzanca Industries has an unfunded waste site cleanup liability of $6 million that must be paid out in full22 years from now. If the relevant annual discount rate is 6.75%, what is the present value of this liability? 6. You would like to give your 4-year old daughter $60,000 towards her college education 14 years from now. set aside today for this purpose if you can think you can earn 8.25% per year on your investments? 7. Fifteen years ago, you put away $7,500. Today, that investment is now worth $22,068. What is the average earned on your investment? 8. You just won first place in a CUNY essay writing contest, and as your prize, you will receive $400 a month (NOT $4,800 per year but rather $400 per month). If you can earn 8.25% per year on your money, what is the total prize worth to you today