Which of the following would you prefer and why? Calculate the value of each.

Option 1: $14,000 per year forever with the first payment coming today and an EAR of 6.15%

Option 2: $700 per week for the next 13 years, with an APR of 11.47% (weekly compounding)

Option 3: $3,600 per month for 120 months, with the first payment coming exactly 25 months from today and an APR of 9.23% (compounded monthly)

Option 4: $5,000,000 paid 40 years from today with an APR of 7.96% (compounded continuously)