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10) Which of the following investments has a higher present value, assuming the same (strictl) positive) interest rate applies to both investments? $5,000 $11,000 $7,000

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10) Which of the following investments has a higher present value, assuming the same (strictl) positive) interest rate applies to both investments? $5,000 $11,000 $7,000 $9,000 $9,000 $7,000 $11,000 $5,000 A) Investment X has a higher present value. B) Investment X and Investment Y have the same present value, since the total of the ca: is the same for both. C) Investment Y has a higher present value. D) No comparison can be made - we need to know the interest rate to calculate the pres value

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