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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 B C End of Year 1 $ 19,000 2 A $ 14,000 14,000 14,000 14,000 14,000 3 000 AWN- 4 5 6 57,000 $ 14,000 14,000 14,000 14,000 7 8 a. What is the present value of investment A at an annual discount rate of 24 percent

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