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Find the present value of 30 annual payments of $3,500 per annum where the first payment is made 8 years from now. So there are

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Find the present value of 30 annual payments of $3,500 per annum where the first payment is made 8 years from now. So there are 30 annual payments from t=8 to t=37 inclusive. The discount rate is 8%pa. The present value of these payments is: Select one: a. $41,401.0423 b. $25,527.7057 c. $22,990.8302 d. $21,287.8058 e. $1,839.2664 Clear my choice

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