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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

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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 20% pa. The present value of these payments is: Select one: a. $63.1908 O b. $6,002.7685 O c. $7,203.3222 O d. $7,221.5493 O e. $14,924.1708

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