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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. T End of Year 1

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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. T End of Year 1 Investment Alternatives B $ 19,000 A $ 19,000 19,000 19,000 19,000 19,000 4 5 6 7 8 9 95,000 $ 19,000 19,000 19,000 19,000 19.000 a. What is the present value of investment A at an annual discount rate of 17 percent? S (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 17 percent? (Round to the nearest cent.) C. What is the present value of investment C at an annual discount rate of 17 percent? (Round to the nearest cent.)

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