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You are offered an investment that will make three payments. The first payment of $ 1 0 , 7 8 0 will occur four years

You are offered an investment that will make three payments. The first payment of $10,780 will occur four years from today. The second of $7,000 will occur in five years, and the third of $6,000 will follow in seven years. If you can earn 11 percent, what is the most this investment is worth today?
$12,972.69
$13,578.72
$13,117.61
$14,145.23
$13,855.39
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