You are purchasing a used car and will make 5 annual payments of $3,500 starting one year from today. If your funds could be invested at 9%, what is the present value of the car? (Round the final answer to the nearest dollar.)

A. $20,946

B. $17,500

C. $14,839

D. $13,614

Please explain to me how did you get the answer and how do you plug these question in the HP 10 bII (Financial calculator) because my professor expect us to know how to plug these numbers or question in the financial calculator. Thanks!