A single amount of $4,500 is to be received in 3 years. If the single amount is discounted at 8% for 3 years, the present value is _____. the present value of $1 fir the periods at 8% is 0.794. the present value of an ordinary annuity of $1 for 3 periods at 8% is 2.577.

A. $4,140

B. 3,573

C.$11,597

D. $4,500