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Annual cash inflows that will arise from two competing investment projects are given below: Year...

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Accounting

Annual cash inflows that will arise from two competing investment projects are given below: Year Investment A Investment B 1 $ 3,000 $ 12,000 2 6,000 9,000 3 9,000 6,000 4 12,000 3,000 $ 30,000 $ 30,000 The discount rate is 18%. Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using tables. Required: Compute the present value of the cash inflows for each investment.

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