Find the Present Value of an Annuity of $1,800, at the End

Multiple Choice

Find the present value of an annuity of $1,800, at the end of each quarter for 8 years after being deferred for 6 years, if the money is worth an annual rate of 8.8% compounded quarterly. Round your answer to the nearest cent. ​

A) $31,608.45
B) $27,739.45
C) $19,744.32
D) $24,344.03
E) $14,269.91