LO3 EE-15B. Present Value Computation Kelly Zales won the state lottery and was given four choices for rec ing her winnings. 1. Receive $1,000,000 right now. 2. Receive $1,040,000 in one year. 3. Receive $150,000 at the end of each year for eight years. 4. Receive $57,500 at the end of each year for 30 years. Assuming Kelly can earn interest of 4% compounded annually, which option should Kelly choose