Assume a $50,000 investment and the following cash flows for two alternatives: (Round your intermediate calculations and the final answer to the nearest whole dollar. Negative answers should be indicated by a minus sign. Omit $ sign in your response.)

Year	Investment X	Investment Y
1		$10,000			$20,000
2		11,000			25,000
3		13,000			15,000
4		16,000
5		30,000

Calculate the net present value for investment X, using a 15 percent discount rate.

Net Present Value $

Calculate the net present value for investment Y, using a 15 percent discount rate.

Net Present Value $

Which of the alternatives would you select under the net present value method?

multiple choice

Investment X

Investment Y

Neither