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3 Annual cash inflows from two competing investment projects are given below: 2.5 points Year 1 Investment A Investment B 2 $ 3,000 4,000

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3 Annual cash inflows from two competing investment projects are given below: 2.5 points Year 1 Investment A Investment B 2 $ 3,000 4,000 $ 6,000 5,000 3 5,000 4,000 4 6,000 Skipped 3,000 $ 18,000 $ 18,000 eBook Hint Print References The discount rate is 10%. Click here to view Exhibit 148-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Present Value of Cash Flows Year Investment A Investment B 1 2 3 4 Check m

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