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(PV of a deferred annuity) What is the present value of a 6 year annuity, with the first 2,500 payment being made 7 months from

(PV of a deferred annuity) What is the present value of a 6 year annuity, with the first 2,500 payment being made 7 months from today, if the required return is APY=12%?

multiple choices are:

$1,423.80

$7,599.47

$10,278.52

$10,775.51

$10,980.98

$11,511.94

$15,000.00

$20,287.97

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