• $(22,376).

• $(14,200).

• $15,200.

• $8,175.

• $19,331.

25 Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $14,200 and will produce cash flows as follows: 1.5 points End of Year 1 2 3 Investment A B $9,800 $ 0 9,800 0 9,800 29,400 00:57:41 The present value factors of $1 each year at 15% are: 1 2 3 0.8696 0.7561 0.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment A is