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(Related to Checkpoint 6.6) (Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these

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(Related to Checkpoint 6.6) (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 Alternatives End of Year 1 2 3 4 5 6 7 8 9 10 A $20,000 20,000 20,000 20,000 20,000 B C $20,000 $20,000 20,000 20,000 20,000 20,000 20,000 (Click on the icon in order to copy its contents into a spreadsheet.) Assuming an annual discount rate of 18 percent, find the present value of each investment. 100,000 20,000

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