Question $17(5$ points$)$

Which of the following options has the greatest present value assuming the interest is $5\%.$ Option $1$: $$50$ this year, $$50$ next year. Option $2$: $$10$ now, $$94$ next year.

Option $3$: $$40$ now, $$62$ next year.

Option $3$

Option $1$

All are the same

Option $2$