Calculate the present value of an investment whose cash flow would pay $5000 per year, to be paid out at the end of each year for three years, and where

1. that cash flow is projected to grow by an expected 6% per year in years two and and three.

2. all of the investor's funds are held for disbursement until the end of the third year, but

3. the annual yield from the investment - that would otherwise to be paid out at each year's end - instead is deposited in a trust account which earns 9% compounded annually, and 

4. the investor's discount rate is 10%

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