Consider the streams of income given in the following table:

Income Stream End of Year A B 1 $5,000 $2,000 2 $4,000 $3,000 3 $3,000 $4,000 4 $2,000 $5,000 Total $14,000 $14,000

a.Find the present value of each income stream, using a discount rate of 1%,then repeat those calculations using a discount rate of 8 %

b. Compare the calculated present values and discuss them in light of the fact that the undiscounted total income amounts to $14,000 in each case.