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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
(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: a. What is the present value of investment A at an annual discount rate of 24 percent? (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 24 percent? (Round to the nearest cent.) c. What is the present value of investment C at an annual discount rate of 24 percent? $ (Round to the nearest cent.) Assuming an annual discount rate of 24 percent, find the present value of each investment
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