please show work as I am quite lost

Question 14 (8 points) Saved A Stadium was completed in 1956 at a cost $1.2M. At the same time as the completion of the stadium, a gift of $1.2M was given for a future replacement. A new stadium is being considered for 2021 (56 years later). Inflation has been 5.0%/yr and the $1.2M gift Investment has earned a market rate of return of 7.0%/yr over that time frame. How much better or worse will the new stadium be as compared to the Stadium built in 1965? 2 times better about the same 2.8 times better 2 times worse 2.8 times worse 3.4 times worse 3.4 times better