Two investment opportunities are open to you: Investment 1 and Investment 2. Each has an initial cost of $14,000. Assuming that you desire a 6 percent return on your initial investment, compute the net present value of the two alternatives. Use Table II to answer the question. Round your answers to the nearest dollar.

tment 1 and Investment 2. Each has an initial cost of $14,000. Assuming that you desire a 6 s. Use Table II to answer the question. Round your answers to the nearest dollar. Investment 1 Cash Flows Investment 2 Cash Flows Year Year 1 1 2 2 $7,000 $7,500 $8,000 $8,500 $8,500 $8,000 $7,500 $7,000 3 4 4