John's annuity of $20/year is deferred for 7 years, then payable for 9 years with payments made at the end of each year. If 20. Sa=K, what is the present value of John's annuity? A. $K y18 B. $K v17 C. $K v16 D. $K 18 E. $ Kv? John's annuity of $20/year is deferred for 7 years, then payable for 9 years with payments made at the end of each year. If 20. Sa=K, what is the present value of John's annuity? A. $K y18 B. $K v17 C. $K v16 D. $K 18 E. $ Kv