Problem 7-07 An investment will generate $11,000 a year for 20 years. If you can earn 9 percent on your funds and the investment costs $110,000, calculate the present value of investment. Use Appendix D to answer the question. Round your answer to the nearest dollar. $ Should you buy it? -Select- Calculate the present value of investment, if you could earn only 7 percent. Use Appendix D to answer the question. Round your answer to the nearest dollar. Should you buy it in this case? -Select