What Is the Formula for the Present Value of an Annuity

Multiple Choice

What is the formula for the present value of an annuity due?

A) $C \times\left[\left(P_{\mathrm{O}_{N, t}}\right) (P k, t) \right]$

B) $C \times\left[\frac{1-\frac{1}{(1+i) ^{n}}}{i}\right]$

C) $C \times\left[\frac{1-\frac{1}{(1+i) ^{n-1}}}{i}+1\right]$

D) $C \times\left[\frac{(1+i) ^{n}-1}{i}\right]$