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Martin has the opportunity to invest in a scheme which will pay $ 5 0 0 0 at the end of each of the next

Martin has the opportunity to invest in a scheme which will pay $5000 at the end of each of the next 5 years. He must invest $10,000 at the start of the first year and an additional $10,000 at the end of the first year. What is the present value of this investment if the interest rate is 3%?
-$5907.57
5907.57
$3189.80
-$3189.80

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