Hello I need help with this. Please see attachment. This is a two part question for the price. Once part one is finished, part 2 can be revealed. Thank you.

Marilyn's parents have agreed to help her purchase a new car upon graduation in four years. They have given her two choices. The first choice is that they will give her $3,640 each year for the next four years for her to invest herself. The second choice is that they will wait four years and give her $16,130. Marilyn can invest the money at a 5% rate. (a) Which option should Marilyn choose? (Round present value factor calculations to 4 decimal places, e.g. 1.2512 and final answers to 0 decimal places e.g. 58,971.) Option 1 Option 2 $ $ Present value Marilyn should take . (b) The parts of this question must be completed in order. This part will be available when you complete the part above. If Marilyn can invest the money at 7%, which options should she choose? (Round present value factor calculations to 4 decimal places, e.g. 1.2512 and final answers to 0 decimal places e.g. 58,971.) Option 1 Option 2 $ Present value Marilyn should take . $