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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

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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 follows: Investment B End of Year C $ 15,000 A $10,000 10,000 10,000 10,000 10,000 $10,000 10,000 45,000 10,000 10,000 a. What is the present value of investment A at an annual discount rate of 19 percent? $ (Round to the nearest cent.) 12345678

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