Assume that the discount rate is 8%, calculate the present value of both investments below \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Investment A } \\ \hline Year & Expected Cash Flow \\ \hline 1 & $9,000 \\ \hline 2 & $9,000 \\ \hline 3 & $9,000 \\ \hline 4 & $9,000 \\ \hline 5 & $9,000 \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Investment B } \\ \hline Year & Expected Cash Flow \\ \hline 1 & $6,500 \\ \hline 2 & $6,500 \\ \hline 3 & $6,500 \\ \hline 4 & $6,500 \\ \hline 5 & $6,500 \\ \hline 6 & $6,500 \\ \hline 7 & $6,500 \\ \hline 8 & $6,500 \\ \hline \end{tabular}