Use the following information to answer Questions $1$ and $3.$

Time: Year $0$ Year $1$ Year $2$ Year $3$ Year $4$ Year $5$ Discount Rate

Investment A: $-$$$1\mathrm{.}2$ million $$300,000$ $$300,000$ $$300,000$ $$500,000$ $$500,0008\%$

Investment B: $-$$$1$ million $$300,000$ $$300,000$ $$300,000$ $$300,000$ $$300,0008\%$

An investor is considering the two investments shown above. Which of the following statements about these investments is true?

The investor should take investment A since it has a greater net present value $($NPV$).$

The investor should take investment B since it has a greater net present value $($NPV$).$

Both investments should be taken since they have a positive net present value $($NPV$).$