Tower Company is evaluating two different Investment alternatives, which are to be evaluated using the present value Index. Initial Investment Present value of cash inflows Estimated useful life Alternative 1 $100,000 $108,000 5 years Alternative 2 $150,000 $160,000 5 years Which of the following statements is true? Multiple Choice O The present Value Index for Alternative 2 is 160. 0 C) The present value index for Alternative 0 None of these are tru 0 Based on presenta um index tarnave