If your opportunity cost is 10%, how much are you willing to pay for an investment promising

$750 at the end of years 1 through 4 and $450 at the end of years 5 through 10?

a) $2,800 d) $2,377

b) $3,716 e) $4,337

c) $3,850

How to compute in calculator

N

I/YR

P/YR

PV

FV

PMT