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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

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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 1 2 A 3 000 4 000 5 000 6 000 5 6 000 Click on the icon in order to copy its contents into a spreadsheet What is the present value of each of these three investments if the appropriate discount rate is 13 percent 3 4 B 3 000 3 000 3 000 3 000 5 000 C 6 000 6 000 6 000 6 000 16 000 C a What is the present value of investment A at an annual discount rate of 13 percent Round to the nearest cent 4

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