Please show me how to solve this problem:

Annual cash inflows that will arise from two competing investment projects are given below:

Year	Investment A	Investment B
1	$ 7,000	$10,000
2	8,000	9,000
3	9,000	8,000
4	10,000	7,000
Total	$34,000	$34,000

The discount rate is 7%.

Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables.

http://lectures.mhhe.com/connect/007802563x/exhibit_13b_1.jpg

http://lectures.mhhe.com/connect/007802563x/exhibit_13b_2.jpg

Required:

Compute the present value of the cash inflows for each investment. Each investment opportunity will require the same initial investment. (Round discount factor(s) to 3 decimal places.)

Investment A Investment B 7% Factor

1 7,000 10,000 ___

2 8,000 9,000 ___

3 9,000 8,000 ___

4 10,000 7,000 ___