what is the present value of investment A at an annual discount rate of 9%

(Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: Investment End of Year A B C $ 2,000 $ 3,000 $ 6,000 3,000 3,000 6,000 4,000 3,000 (6,000) (5,000) 3,000 (6,000) 5,000 6,000 16,000 What is the present value of each of these three investments if the appropriate discount rate is 9 percent? a. What is the present value of investment A at an annual discount rate of 9 percent? $ (Round to the nearest cent.)