Check My Work 10 eBook Problem 7-08 A company has two investment possibilities, with the following cash inflows: Investment Year 1 Year 2 Year 3 A $1,600 1,900 2,200 B $1,200 1,200 1,200 If the firm can earn 6 percent in other investments, what is the present value of investments A and 8? Use Appendix 8 and Appendix D to answer the question. Round your answers to the nearest dollar. PV (Investment A): $ PV (Investment B): $ If each investment costs $5,000, is the present value of each investment greater than the cost of the investment? The present value of investment A is -Select- the cost. The present value of investment 8 is-Select- the cost. Check My Work Olcon Kry