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P4A.14 For each of the investments below, calculate the present value of the annual end- of-year payments at the specified discount rate over the given

P4A.14 For each of the investments below, calculate the present value of the annual end- of-year payments at the specified discount rate over the given period. Investment Annual Payments Discount Rate Period (yr) A $ 1,200 7% 3 B $ 5,500 3% 15 C $ 700 9% 9 D $14,000 5% 7 E $ 2,200 10% 5

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