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A downtown bank promises its potential employees a $ 5000 sign on bonus, an additional bonus of $ 11000 two years from now, an additional

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A downtown bank promises its potential employees a $ 5000 sign on bonus, an additional bonus of $ 11000 two years from now, an additional bonus of $ 17000 four years from now, and an additional bonus of $ 24000 six years from now. Lavanya was hired today but only intends to work for this bank for one year. What is the present value of this bonus payment structure to her? (Assume that money is worth 8% p.a. compounded quarterly) O a $ 4439.85 O b. $ 4869.73 O c $ 4619.23 Od $ 4101.74 O e$ 5000.00

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