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need b & c at 24% 1 (Related to Checkpoint 6.6) (Present value of annuities and complex cash flows) You are given three Investment alternatives
need b & c at 24%
1 (Related to Checkpoint 6.6) (Present value of annuities and complex cash flows) You are given three Investment alternatives to analyze. The cash flows from these three investments are as follows: Investment Alternatives End of Year A $11,000 $11,000 11,000 11,000 11,000 11,000 $11,000 11,000 55,000 11,000 11,000 2 3 4 5 6 7 8 DON a. What is the present value of investment A at an annual discount rate of 24 percent? $ 30199 23 (Round to the nearest cont.) b. What is the present value of investment B at an annual discount rate of 24 percent? (Round to the nearest cont.) Step by Step Solution
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