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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 shown

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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 shown in the popup window: INVESTMENT END OF YEAR A 1 $12,000 $12,000 N 2 12,000 3 12,000 4 12,000 12,000 un $12,000 12,000 6 60,000 7 12,000 12,000 8 9 12,000 10 12,000 12,000 Assuming a discount rate of 21 percent, find the present value of each investment Question 5 0.5 pts a. What is the present value of investment A at 21 percent annual discount rate? (Round to the nearest cent.) D Question 6 0.5 pts b. What is the present value of investment B at 21 percent annual discount rate? Question 7 0.5 pts c. What is the present value of investment C at 21 percent annual discount rate? (Round to the nearest cent.)

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