Big Al's is considering the purchase of a capital investment costing $33,000. Annual cash savings of $8,000, with a present value at 14 percent of $37,111, are expected for the next eight years. Given this information, which of the following statements is true?

A. This investment offers an actual rate of return of 14%

B. This investment offers an actual rate of return of less than 14%

C. This investment offers an actual rate of return of more than 14%

D. This investment offers a negative rate of return