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Jiminez Company has two investment opportunities. Both investments cost $5.900 and will provide the following net cash flows: Year Investment A $3,950 3,950 3,950 3,950

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Jiminez Company has two investment opportunities. Both investments cost $5.900 and will provide the following net cash flows: Year Investment A $3,950 3,950 3,950 3,950 Investment B $3,950 5,140 2.950 1,380 What is the net present value of Investment A's cash flows assuming an 12% minimum rate of return? Use Appendix Table 2. (Do not round intermediate calculations. Round your answer to the nearest whole dollar.) Multiple Choice $13,437 $6,098 O $10,601 O 53,950

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