1. A Door Inc., has received an award which entitles it to receive annual payments of $10,000 at the end of each year for the next ten years. Which of the following tables is used to calculate today's value of this award?

Select one:

A.

Future Value of $1

B.

Present Value of $1

C.

Present Value of an Ordinary Annuity of $1

D.

Future Value of an Ordinary Annuity of $1