A company has two investment possibilities, with the following cash inflows:

Investment	Year 1	Year 2	Year 3
A	$1,200	1,400	1,700
B	$1,600	1,600	1,600

If the firm can earn 6 percent in other investments, what is the present value of investments A and B? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar. PV_{(Investment A)}: $ PV_{(Investment B)}: $

If each investment costs $4,000, is the present value of each investment greater than the cost of the investment? The present value of investment A is less than or greater than Item 3 the cost? The present value of investment B is less than or greater than Item 4 the cost?