Alfarsi Industries uses the net present value method to make investment decisions and requires a $15\%$ annual return on all investments. The company is considering two different investments. Each require an initial investment of $$14,100$ and will produce cash flows as follows:

End of Year Investment

A B

$1$ $ $9,900$ $ $0$

$29,9000$

$39,90029,700$

The present value factors of $$1$ each year at $15\%$ are:

$10\mathrm{.}8696$

$20\mathrm{.}7561$

$30\mathrm{.}6575$

The present value of an annuity of $$1$ for $3$ years at $15\%$ is $2\mathrm{.}2832$

The net present value of Investment B is:

Multiple Choice

$$5,428.$

$$(19,528).$

$$15,600.$

$$49,228.$

$$-10,257.$