Exercise 14A-1 (Algo) Basic Present Value Concepts [LO14-71 Annual cash inflows that will arise from two competing investment projects are given below Year 1 2 3 4 WNE Investment A $ 9,000 10,000 11,000 12,000 $ 42,000 Investment B $ 12,000 11,000 10,000 9,000 $ 42,000 The discount rate is 6%. 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. Present Value of Cash Flows Investment A Investment B Year 1 2 3 4 $ 0 $ 0