You have been offered two investments options. Find the NPV

$(16\mathrm{.}2)$ of both with a cost of money of $9\%$ compounded annually

and determine which is preferable.

Investment A: Requires a cash outlay of $$15,000$ today but returns a

single payment of $$80,000$ in exactly $7$ years.

Investment B: Requires a cash outlay of $$2,000$ in two years, but returns

$$1,000$ at the end of every quarter for $12$ years.