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 $16,000 and will produce cash flows as follows:

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 $16,000 and will produce cash flows as follows: End of Year Investment A B $9,000 $ 0 9,0000 9,000 27,000 2 The present value factors of $1 each year at 15% are: HNM 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: () $16,0001. $120.549] | $17,753. | $4.549