Question $16($Mandatory$)(5$ points$)$

A cash flow of $$25,000$ is paid $30$ times per year for the next $52$ years. The $NA{R}_{53}$ is

$30\%.$ What is the present value of this series?

Empty Excel Sheet For Calculations

$$2,332,649\mathrm{.}44$

$$4,332,549\mathrm{.}44$

$$4,331,549\mathrm{.}44$

$$2,494,589\mathrm{.}15$