Ch 07: End-of-Chapter Problems - The Time Value of Money Back to Assignment Attempts Average / 4 7. Problem 7-07 wees Problem 707 An investment will generate $8.000 a year for 25 years. If you can earn 12 percent on your funds and the investment costs $80,000, calculate the present value of investment. Use Appendix D to answer the question. Round your answer to the nearest dollar. $ Should you buy it? -Select- Calculate the present value of investment, if you could earn only 8 percent. Use Appendix D to answer the question. Round your answer to the nearest dollar. $ Should you buy it in this case? -Select