Can someone tell me how they got 5.2161?

47. A project costs $15 million and is expected to produce cash flows of $3 million a year for 10 years. The opportunity cost of capital is 14%. If the firm has to issue stock to undertake the project and issue costs are $500,000, what is the project's APV (approximately)? A. -$352,000 B. $148,350 C. $648,350 D. $952,000 APV =-15 + 3(5.2161 )-0.5 = $0.14835 Million = $148,350