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Investment X offers to pay you $6,000 per year for seven years, whereas Investment Y offers to pay you $9,000 per year for four years.

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Investment X offers to pay you $6,000 per year for seven years, whereas Investment Y offers to pay you $9,000 per year for four years. (Use a Financial calculator to arrive at the answers. Round "PV Factor" to 3 decimal places. Round the final answers to 2 decimal places.) Calculate the present value for Investment X and Y if the discount rate is 6%. Investment x Investment Y Present Value $ $ Calculate the present value for Investment X and Y if the discount rate is 16%. Present value $ Investment x Investment Y

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