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You are given three investment alternatives with the following cash flows: Investment End of Year 1 2 3 $5,000 $6,000 6,500 12,000 22,000 $15,000 30,000

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You are given three investment alternatives with the following cash flows: Investment End of Year 1 2 3 $5,000 $6,000 6,500 12,000 22,000 $15,000 30,000 32,000 Calculate the present values given a 8% discount rate. What is the present value of Investment 1? What is the present value of Investment 2? What is the present value of Investment 3? Round to the nearest whole number and no commas

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