A project will deliver $110 now, -$5 in a month's time, and -$30 in two month's time. The appropriate interest/discount rate is j12 = 3.600% p.a. The Present Value (i.e period 0) of the ENTIRE cashflow delivered is:

options:

1)

$75.19

2)

$110.00

3)

$75.65

4)

$77.22