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You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: End of Year A B C 1

You are given three investment alternatives to analyze. The cash flows from these three investments are as follows:

End of Year A B C 1 $1,000 $3,000 $4,000 2 2,000 3,000 4,000 3 3,000 3,000 (4,000) 4 -4,000 3,000 (4,000)

What is the present value of investment A at an annual discount rate of 12 percent?

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