(Present value of an uneven stream of payments) You are given three investment alternatives to...

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(Present value of an uneven stream of payments) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: Investment End of Year A B 1 $ 3,000 $ 2,000 2 4,000 2,000 3 5,000 2,000 4 (6,000) 2,000 5 6,000 5,000 (Click on the icone in order to copy its contents into a spreadsheet.) $ 4,000 4,000 (4,000) (4,000) 14,000 What is the present value of each of these three investments if the appropriate discount rate is 12 percent? . a. What is the present value of investment A at an annual discount rate of 12 percent? $ 9,017.70 (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 12 percent? (Round to the nearest cent.)

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