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 $15.000 and will produce cash flows as follows: End of Year 1 2 3 Investment $8,000 $ 8.000 3,000 24,000 The present value factors of Steach year at 15% are 1 2 0.8696 2.7561 2.6575 The present value of an annuity of St for 3 years at 15% 22832 The net present value of levestment A Muluple Choice $18.266. $(15,000). $9.000 $(20,549) $3.266