You won the lottery and can receive either (1) $60,000 today, or (2) $10,000 one year from today plus $25,000 two years from today plus $35,000 three years from today. You plan to use the money to pay for your child's college education in 15 years. You should take the $60,000 today because of the time value of money regardless of current interest rates. take option two because you get $70,000 rather than $60,000 regardless of current interest rates. take the $60,000 today only if the current interest rate is at least 16.67% take the $60,000 today if you can earn 6.81% per year or more on your investments