Football player Walter Johnson signs a contract calling for payments of $250,000 per year, to begin 10 years from now. To findthe present value of this contract, which table or tables should you use?

a. The future value of $1

b. The future value of an annuity of $1 and the future value of $1

c. The present value of an annuity of $1 and the present value of $1

d. None of the above