What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually ?

What is the present worth of a year annuity paying P 3,000.00 at the end of each year, with interest at 8% compounded annually ?

A. P 7,654.04
B. P 7,731.29
C. P 7,420.89
D. P 7,590.12