You Have an Annuity of Equal Annual End-Of-The-Year Cash Flows

Multiple Choice

You have an annuity of equal annual end-of-the-year cash flows of $500 that begin two years from today and last for a total of ten cash flows.Using a discount rate of 4%,what are those cash flows worth in today's dollars?

A) $3,899.47
B) $4,055.45
C) $4,380.24
D) $5,000.00