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(Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments are as

(Present

value of annuities and complex cash

flows)

You are given three investment alternatives to analyze. The cash flows from these three investments are as follows:

Investment Alternatives

End of Year

A

B

C

1

$

16,000

$

16,000

2

16,000

3

16,000

4

16,000

5

16,000

$

16,000

6

16,000

80,000

7

16,000

8

16,000

9

16,000

10

16,000

16,000
annual discount 15%

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