Salvatore has the opportunity to invest in a scheme which will pay $5000 at the end of each of the next 5 years.He must invest $10,000 at the start of the first year and an additional $10,000 at the end of the first year.What is the present value of this investment if the interest rate is 4%?
A)-$1410.67
B)-$112.23
C)$1248.56
D)$2643.73

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The Answer of Salvatore has the opportunity to invest in a scheme which will pay $5000 at the end of each of the next 5 years.He must invest $10,000 at the start of the first year and an additional $10,000 at the end of the first year.What is the present value of this investment if the interest rate is 4%?
A)-$1410.67
B)-$112.23
C)$1248.56
D)$2643.73

Salvatore Has the Opportunity to Invest in a Scheme Which