Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A 1 $ 3,000 2 6,000 3 9,000 4 12,000 total $ 30,000 Investment B $ 12,000 9,000 6,000 3,000 $ 30,000 The discount rate is 15%. 15% PV $1 FV $1 PV annuity FV annuity 1 1 0.86957 1.15000 0.86957 1.00000 2 0.75614 1.32250 1.62571 2.15000 3 0.65752 1.52088 2.28323 3.47250 4 0.57175 1.74901 2.85498 4.99338 Required: Compute the present value of the cash inflows for each investment. Each investment opportunity will require the same initial investment