I need a solution and answer for this one. Thank you.

20. Arborg, Inc. expects to have $15,000 in 5 years from an amount invested today. Arborg projects a 9% return on investment. The present value factor of $1 at 9% for 5 years is .6499. The present value factor of an annuity of $1 at 9% for 5 years is 3.8897. The present value of the investment is