show work and provide answer please.

A financial company advertises on television that they will pay you $60,000 now in exchange for annual payments of $8,000 that you are expected to receive for a legal settlement over the next 12 years You estimate the time value of money at 10 percent 1. Calculate the present value of the annual payments, (Exhibit:-A. Exhibit 1-B. Exhibit 1.C. Exhibit 1-D) Note: Use appropriate factor(s) from the tables provided. 2. Would you accept this offer? Complete this question by entering your answers in the tabs below. Calculate the present value of the annual payments. Note: Round time value factor to 3 decimal places. Do not round other intermediate calculations. Round final answer to 2 decimal places