QUESTION 3 An investment pays $5 every quarter for 40 years, with the first payment occurring in one quarter, and each subsequent payment occurring in quarterly intervals. On the date of the last annuity payment this investment makes an additional payment of $100. If your cost of capital is 11% APR with quarterly compounding, what is the present value of these cash flows? Your final answer must be rounded to the nearest dollar, only numeric, and exclude the dollar sign. Rounding examples: 1.49 would be rounded to 1 and 1.5 O would be rounded to 2