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Find the present value of 3 0 annual payments of $ 3 , 0 0 0 per annum where the first payment is made 5

Find the present value of 30 annual payments of $3,000 per annum where the first payment is made 5 years from now. So there are 30 annual payments from t=5 to t=34 inclusive. The discount rate is 11% pa. The present value of these payments is:Select one:0 a. $1,191.35O b. $1,889.87O c. $17,180.61 d. $17,499.66 e. $26,565.72

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