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You are offered an investment that will pay you $200 in year 1, $400 in year 2, $600 in year 3 and $800 in year

You are offered an investment that will pay you $200 in year 1, $400 in year 2, $600 in year 3 and $800 in year 4. You can earn 10% per annum on very similar investment. Calculate the present value of this investment. A) The present value of investment is $1660.56. B) The present value of investment is $2000. C) The present value of investment is $963.19. D) The present value of investment is $1509.60.

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