TB MC Qu. 24-111 Alfarsi Industries uses the net present value... Alfarsi Industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is considering two different investments. Each require an initial investment of $15,900 and will produce cash flows as follows: End of Year 1 2 3 Investment A B $8,900 $ 0 8,900 0 8,900 26,700 The present value factors of $1 each year at 15% are: A w NP 0.8696 0.7561 0.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment B is