The present value of an annuity due of $t$ payments of $$1$ per period is the same as

Multiple Choice

$($A$)$ the present value of an ordinary annuity of t payments.

$($B$)$ $$1$ plus the present value of an ordinary annuity with $t-1$ payments.

$($C$)(1+r)$ times the present value of an equivalent ordinary annuity.

$($B$)$ and $($C$).$

None of the answers are correct.