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 End of Year 1 234567 8 A 19 000 19 000 19 000 19 000 19 000 Investment B 19 000 19 000 19 000 19 000 C 24 000 72 000 a What is the present value of investment A at an annual discount rate of 24 percent Round to the nearest cent 2