t. Joshua Lacey set the track record in a meet at JSU. For this achievement, he gets to chooss Mr between a $25o cash prize paid immediately or $30 per year for 10 years. He already has enough money for now so he decided on the 10 annual installments. However, he is consideris the following two investment options: Save the winnings for the first 3 years and then spend every cent of the winnings in the remaining 7 years. a. b. Spend everything for the first 3 years then save the remaining 7 years. . Draw the cash flow diagram for each option. ii). Also, if Bank plus is advertising that they can give him a savings ROR of 11% per year, how much would each option payout after the installments end? (10 pts)