PLEASE ANSWER IN ATLEAST 1 PARAGRAPH PLEASE :)

1. Why can this problem BELOW be tricky or challenging? Did they provide enough information for you to solve? What part of the problem did you have most trouble with?

DO NOT ANSWER THIS------> "You have won the lottery and have 3 choices. You can choose to receive $1,000,000 immediately in cash. Your second option is to receive a single payment of $2,000,000 at the end of 15 years. Your third option is to receive payments of $100,000 a year for 15 years. Which option should you choose if your discount rate is 9%? Why? "