Annual cash inflows from two competing investment projects are given below:

Year

Investment A

$ 4,000

5,000

6,000

7,000

$ 22, 000

Investment B

$ 7,000

6,000

5,000

4,000

$ 22,000

The discount rate is 10%.

Click here to view Exhibit 14B-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.

Annual cash inflows from two competing investment projects are given below: The discount rate is 10%. Click here to view Exhibit 14B1 and Exhibit 148 -2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment