(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 1 $ 3,000 $1,000 2 4,000 1,000 3 5,000 1,000 4 (6,000) 1,000 5 6,000 3,000 (Click on the icon in order to copy its contents into a spreadsheet.) $ 4,000 4,000 (4,000) (4,000) 14,000 What is the present value of each of these three investments if the appropriate discount rate is 9 percent? a. What is the present value of investment A at an annual discount rate of 9 percent? $ (Round to the nearest cent.)