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What is the formula to solve? I have a BAII Plus Finance Calculator, if you know how to solve with that please let me know.

What is the formula to solve? I have a BAII Plus Finance Calculator, if you know how to solve with that please let me know. Thank you image text in transcribed

6. John Roberts is offered an incentive package if he retires after 5 years. After retirement, the incentive package will pay him an additional $20,000 at the end of each year for the following 20 years. Assume that the relevant interest rate is 12%, compounded annually, how much is the incentive package worth today? 20,000 20,000 to, o r o, ou 20,00 2000 A/ $156,863 B. $84,767 1 2 3 4 5 20 a C. $72,096 D. $228,958

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