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Find the present value of 3 0 annual payments of $ 2 , 5 0 0 per annum where the first payment is made 1

Find the present value of 30 annual payments of $2,500 per annum where the first payment is
made 17 years from now. So there are 30 annual payments from t=17 to t=46 inclusive. The
discount rate is 20% pa. The present value of these payments is:
Select one:
a. $12,497.63
b. $675.97
c. $673.25
d. $561.04
e. $52.66
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