7. Given that the interest rate is 10% per annum, what is the present value of an investment that has 5 equal payments of $50,000 each year for 5 years, starting today? A) $250,000 B) $78,493.27 C) $208,493.27 D) $158,493.27 E) $175,000 PV = ? r = 10% n = 5 50,000 (1 + 0.1) + 500002 (1+0=1) + 50000 (1+0.1) + 50,000 Soooo (1+0=1)4+ (1+0=1)5