What is the value today of receiving $$4,500$ at the end of each year for the next $5$ years, assuming an interest rate of $8\%$ compounded annually?

Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. $($FV of $$1,$ PV of $$1,$ FVA of $$1,$ and PVA of $$1).$

Multiple Choice

$$29,084$

$$17,967$

$$20,041$

$$26,400$