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Annual cash inflows that will arise from two competing investment projects are given below: Investment A Investment B Year 1234 $ 3,000 $ 6,000

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Annual cash inflows that will arise from two competing investment projects are given below: Investment A Investment B Year 1234 $ 3,000 $ 6,000 2 4,000 5,000 3 5,000 4,000 4 6,000 3,000 $ 18,000 $ 18,000 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. Present Value of Cash Flows es Year Investment A 1 2 3 4 Investment B

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