A company has two investment possibilities, with the following cash inflows: Investment Year 1 Year 2 Year 3 $1,600 2,000 2,300 B $1,500 1,500 1,500 If the firm can earn 7 percent in other investments, what is the present value of investments A and 8? Use Appendix 1 and Appendix D to answer the question. Round your answers to the nearest dollar, PV (testent A): $ PV (Investment by: $ If each investment costs $5,000, is the present value of each investment greater than the cost of the investment? The present value of investment As Select the cost The present value of investment Bis Sichest the cost less than C. greater than