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4 1.8 Refer to the present value table information on the previous page. What amount should Brett have in his bank account today, before withdrawal, if he needs $2,000 each year for 4 years, with the first withdrawal to be made today and each subsequent withdrawal at 1-year intervals? (Brett is to have exactly a zero balance in his bank account after the fourth withdrawal.) a. $2,000 1 ($2,000 x 0.926) 1 ($2,000 x 0.857) 1 ($2,000 x 0.794) b. $2.000 x4 0.735 c. ($2,000 x 0.926) + ($2,000 x 0.857) + ($2,000 x 0.794) + ($2,000 x 0.735) d. $2.000 x 4 0.926 I Periods Select the best answer for each of the following. Use the following information for MM-1 through MM-4: The following are the present value factors of $1 discounted at 8% for one to five periods. Each item is based on 8% inter- est discounted annually from day of withdrawal (future) to Hay of deposit (present). DEN Present Value of $1 Disco per Period 0.926 0.857 0.794 0.735 0.681 en weet WCH 12-20-202