Your Hard Work in College Paid Off,quite Literally,and You Received

Your hard work in college paid off,quite literally,and you received a graduate assistantship for your MBA program.The assistantship pays a stipend of $10,000 at the end of each of the next 2 years.Using an average discount rate of 3%,the future value of your assistantship can be calculated by

A) PV = $10,000 × 3% × 2.
B) PV = $10,000 (PV factor,i = 3%,n = 2) .
C) PV = $10,000 (Annuity PV factor,i = 3%,n = 2) .
D) PV = $10,000 (Annuity FV factor,i = 3%,n = 2) .