How do you compute the investment using the "Present Value of an Annuity of? 6. Your grandmother has promised to give you $2,000 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% and the table below, what is the present value of the gift? Present Value of an Annuity of $1 5% 6% 7% 8% 9% 966 10% 0.952 0.943 0.935 0.926 0.917 0.909 2 1.859 1.833 1.808 1.783 1.759 1.736 3 2.723 2.673 2.624 2.577 2.531 2.487 4 3.546 3.465 3.387 3.312 3.240 3.170 4.329 4.212 4.100 3.993 3.890 3.791 5 A) $5,612 B) $5,900 C) $6,109 D) $6,624 MacBook Air