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	$	19,000			$	24,000
2		19,000
3		19,000
4		19,000
5		19,000	$	19,000
6				19,000		72,000
7				19,000
8				19,000
9				19,000
10				19,000		24,000

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Assuming an annual discount rate of

22

percent, find the present value of each investment.

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Part 1

a.What is the present value of investment A at an annual discount rate of

22

percent?

$enter your response here

(Round to the nearest cent.)

Part 2

b.What is the present value of investment B at an annual discount rate of

22

percent?

$enter your response here

(Round to the nearest cent.)

Part 3

c.What is the present value of investment C at an annual discount rate of

22

percent?

$enter your response here

(Round to the nearest cent.)