(Present value of an uneven stream of payments ) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows:

Investment
End of Year	A			B	C
1	$	3,000	$	3,000	$	4,000
2		4,000		3,000		4,000
3		5,000		3,000		(4,000)
4		(6,000)		3,000		(4,000)
5		6,000		6,000		14,000

What is the present value of each of these three investments if the appropriate discount rate is 8 percent?

1. What is the present value of investment A at an annual discount rate of 8 percent __? (Round to the nearest cent).

2. What is the present value of investment B at an annual discount rate of 8 percent __? (Round to the nearest cent).

3. What is the present value of investment C at an annual discount rate of 8 percent __? (Round to the nearest cent).

Please show your work

Thank you=)