Revised Example $4-9$

$5\%$ APR, Compounded Monthly: Get Paid $1)$ $$700$k today, $2)$ $$175$k Annually for $5$

Years, $3)$ Paid as Shown in the Following Table, $4)$ $$1M$ at the end of Year $5?$ Which is the best option out of the four? Which will give you the most money at the end?