An auto part company is deciding whether to sponsor a racing team for a cost of $$1$ million. The sponsorship would last for three years and is expected to increase cashflows by $$570,000$ per year. If the discount rate is $6\mathrm{.}9\%,$ what will be the change in the value of the company if it chooses to go ahead with the sponsorship?

Group of answer choices

A $$498,597$

B $747,896$

C $$710,000$

D $$847,615$