please provide clear formula and instruction. thanks

Question 14: Find the present value of 20 annual payments of $3,000 per annum where the first payment is made 2 years from now. So there are 20 annual payments from t=2 to t=21 inclusive. The discount rate is 5% pa. The present value of these payments is: (a) $60,000 (b) $57,142.86 (c) $37,608.58 (d) $35,606.32 (e) $33,910.78