Salvatore has the opportunity to invest in a scheme which will pay $10,000 at the end of each of the next 5 years. He must invest $20,000 at the start of the first year and an additional $20,000 at the end of the first year. What is the present value of this investment if the interest rate is 2% ? A. $20,453.51 B. $7,526.75 C. $20,453.51 D. $7,526.75