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Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 1 $3,800 $12,500 2 7,800 9,800

Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 1 $3,800 $12,500 2 7,800 9,800 3 9,800 7,800 4 12,500 3,800 ---------- --------- $33,900 $33,900 The discount rate is 18%. To determine the appropriate discount factor(s) using tables, click here to view Exhibit 12B-1 and Exhibit 12B-2. Alternatively, if you calculate the discount factor(s) using a formula, round to three (3) decimal places before using the factor in the problem. Required: Compute the present value of the cash inflows for each investment. (Round your answers to the nearest dollar amount. Omit the "$" sign in your response.) Present Value of Cash Flows Investment A $ ? Investment B $

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