Suppose you are going to receive the following payments: Year 1: $100 Year 3: $150 Year 5: $200 Year 7: $250 Year 9: $300 Year 11: $350 Your discount rate (interest rate) is 8% per year compounded yearly. What is the present value (at Year 0) of these payments? Note: DO NOT only use the P/F factor. In other words, you cannot simply brute force this.