= x 2021SPO Managerial Accounting (ACC-2020-02) Take Test: Grade Element 3 Questions-Theme 3 QUESTION 2 A 5-year advertising campaign will require $5,000 payments for each of the first 3 years, and then increase to $7,500 for each of the final two years; each year's payment will be made at the start of the year. What is the present value of the campaign if a 5% discount rate is used? (your answer should be formatted without $ signs, entered as a positive value, and rounded to the nearest whole dollar; example:-$50.22 would be entered as 50) 3 points Save Answer QUESTION 3