What is the present value of an annuity of $$4,000$ received at the beginning of each year for the next eight years? The first payment will be received today, and the discount rate is $9\%($round to nearest $$1).$

Select one:

a$.$ $$24,132$

b$.$ $$25,699$

c$.$ $$36,288$

d$.$ $$35,712$