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18. A business promises to pay the investor of $6000 today for a payment of $1500 in one year's time, $3000 in two years' time,

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18. A business promises to pay the investor of $6000 today for a payment of $1500 in one year's time, $3000 in two years' time, and $3000 in three years' time. What is the present value of this business opportunity if the interest rate is 6% per year? A) $603.94 B) $301.97 C) $724.73 D) $966.30

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