Your grandmother has promised to give you $2,000 a year at the end of each of the next four years if you earn Cs or better in all of your courses each year Using a discount rate of 8%, which of the following is correct for determining the present value of the gift? O PV = $2,000 x 8% x 4 O PV = $2,000 X (PV factor, i = 4%, n=8) O PV = $2,000 X (Annuity FV factor, i = 8%, n = 4) PV = $2,000 X (Annuity PV factor, i = 8%, 4)