Rick's Repairs, Inc

Rick's Repairs, Inc. is considering renting a new shop. The landlord has offered a number of alternatives for paying the rent. The company's desired rate of return is 10%. The landlord offered a 2-year lease with $20,000 to be paid for rent at the end of each year.
Using a spreadsheet or a financial calculator, calculate the present value of the rent payments over the life of the lease.
The present value of rent payments over the life of the lease is:

A) $20,000
B) $33,208
C) $34,711
D) $40,000