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An investment will pay $ 8 0 0 at the end of each of the next 5 years, $ 1 , 1 0 0 at

An investment will pay $800 at the end of each of the next 5 years, $1,100 at the end of Year 6, and $1,300 at the end of Year 7. What is its present value if other investments of equal risk earn 7 percent annually?
$3,985.60
$5,981.31
$4,822.71
$2,112.94
$1,992.80
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