Uncle Roscoe,a Wealthy Relative,has Given You a Choice of Receiving

Multiple Choice

Uncle Roscoe,a wealthy relative,has given you a choice of receiving $10,000 today or $3,000 at the end of each year for the next four years.Which table factor(s) should be used to most efficiently determine the "value" of the $3,000 cash-flow stream?

A) Future value of $1.
B) Future value of a $1 annuity.
C) Present value of $1.
D) Present value of a $1 annuity.
E) Both "C" and "D."