Salvatore has the opportunity to invest in a scheme which will pay $5000 at the end of each of
the next 5 years. He must invest $10,000 at the start of the first year and an additional $10,000 at
the end of the first year. What is the present value of this investment if the interest rate is 3%?
A) - $3189.80
B) - $5907.57
C) 5907.57
D) $3189.80
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