Robert de Miro tripped and fell in front of the sidewalk of Milwaukee Fried Chicken (MFC). The grouch that he is, he decided to sue the restaurant chain. MFC offered Robert a 10-year settlement in which they would pay him $7,500 up front (today), $5,000 at the end of 3 years, $5,000 at the end of 5 years, $4,000 at the end of 8 years and $3,000 at the end of 10 years. As a savvy investor, Robert can earn an 10% interest rate on his investments. Calculate the PRESENT value of MFCs settlement. Please show your work for partial credit.