Question 1\ 1 pts\ If the interest rate is

10%

, what is the present value of a security that pays you

$1100

next year,

$1210

the year after, and

$1331

the year after that? Enter only the numerical answer (e.g. 5,000).

If the interest rate is 10%, what is the present value of a security that pays you $1100 next year, $1210 the year after, and $1331 the year after that? Enter only the numerical answer (e.g. 5,000)