Which option is better: receive $120,000 now or $25,000, $45,000, $35,000, $15,000, and $50,000, respectively, over the

Question:

Which option is better: receive $120,000 now or $25,000, $45,000, $35,000, $15,000, and $50,000, respectively, over the next five years?
Requirements
1. Assuming an 8% interest rate, which investment opportunity would you choose?
2. If you could earn 10%, would your choice change?
3. Assuming a 10% interest rate, what would the cash flow in year 5 have to be in order for you to be indifferent to the two plans?