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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

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

1

$

16,000

$

21,000

2

16,000

3

16,000

4

16,000

5

16,000

$

16,000

6

16,000

63,000

7

16,000

8

16,000

9

16,000

10

16,000

21,000

Assuming an annual discount rate of 21 percent, find the present value of each investment. Part 1 a.What is the present value of investment A at an annual discount rate of 21 percent? $ (Round to the nearest cent.) Part 2 b.What is the present value of investment B at an annual discount rate of 21 percent? $ (Round to the nearest cent.) Part 3 c.What is the present value of investment C at an annual discount rate of 21 percent? $ (Round to the nearest cent.)

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