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Investment A offers to pay you $10,000 per year for 8 years, whereas Investment B offers to pay you $12,500 per year for 5 years.

Investment A offers to pay you $10,000 per year for 8 years, whereas Investment B offers to pay you $12,500 per year for 5 years. (a) Determine if Investment A or Investment B has the higher present value if the interest rate is 5%. (b) Determine if Investment A or Investment B has the higher present value if the interest rate is 15%. Show all your calculations

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