Based on the following 3 options- The current interest rate is 5%- calculate the future value and present value of the three options and advice on which one is most financially advisable

Option 1: A three-year contract, with an annual salary of $502,000, paid annually (i.e., one payment at the end of each year). Option 2 : A three-year contract, with an annual salary of $490,000, paid monthly (i.e., 12 equal payments p.a., and each payment will be paid at the end of each month). Option 3: A three-year contract, with an annual salary of $489,000, paid fortnightly (i.e., 26 equal payments p.a., and each payment will be paid at the end of each fortnight).