End of Year $10,000 10,000 10,000 10,000 10,000 $15,000 2 3 4 $ 10,000 10,000 10,000 10,000 10,000 10,000 6 7 45,000 15,000 Assuming an annual discount rate of 17 percent, find the present value of each investment. a. What is the present value of investment A at an annual discount rate of 17 percent? $(Round to the nearest cent.)