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Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B $ 6,000 7,000 8,000 $9,000 8,000

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Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B $ 6,000 7,000 8,000 $9,000 8,000 7,000 6,000 $30,000 1 2 4 $ 30,000 The discount rate is 6%. Click here to view Exhibit 138-1 and Exhibit 138-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Each investment opportunity will require the same initial investment. (Round discount factor(s) to 3 decimal places.) Present Value of Cash Flows Year Investment A Investment B 4

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