Problem 7-08 A company has two investment possibilities, with the following cash inflows Investment Year 1 Year 2 Year 3 A $1,300 1,700 2,100 B $1,500 1.500 1,500 If the firm can eam 8 percent in other investments, what is the present value of investments A and B? Use Appendix and Appendix D to answer the question, Round your answers te the nearest dollar, PV (Investment A: 1436.38 PV (Investment 2546.296 If each investment costs $4,000, is the present value of each Investment greater than the cost of the investment The present value of investment Als greater than the cost The present value of Investment B is less than the cost