Annual cash inflows that will arise from two competing investment projects are given below: YearInvestment A Investment B $ 3,000 6,000 9,000 12,000 30,000 $12,000 9,000 6,000 3,000 $ 30,000 2 4 The discount rate is 18% Click here to view Exhibit 13B-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 2