Exercise 12A-1 (Algo) Basic Present Value Concepts [LO12-7] Annual cash inflows that will arise from two competing investment projects are given below: The discount rate is 7% Click here to view Exhibit 12B-1 and Exhiblt 12B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment. Click here to view Exhibit 12B1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables Required: Compute the present value of the cash inflows for each investment