6 An investment will pay $20,200 at the end of the first year, $30,200 at the end of the second year, and $50,200 at the end of the third year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) Note: Use the appropriate factor(s) from the tables provided. 12.5 points eBook Hint References Required: Determine the present value of this investment using a 8 percent annual interest rate. Note: Round your intermediate calculations and final answer to nearest whole dollar. Present value of investment

An investment will pay $20,200 at the end of the first year, $30,200 at the end of the second year, and $50,200 at the end of the third year. (FV of \$1. PV of \$1, FVA of \$1, and PVA of \$1) Note: Use the appropriate factor(s) from the tables provided. Required: Determine the present value of this investment using a 8 percent annual interest rate. Note: Round your intermediate calculations and final answer to nearest whole dollar