First document is appendix B and second is Appendix D

A firm must choose between two investment alternatives, each costing $100,000. The first alternative generates $35,000 a year for four years. The second pays one large lump sum of $156,500 at the end of the fourth year. If the firm can raise the required funds to make the investment at an annual cost of 10 percent, what are the present values of two investment alternatives? Use Appendix B and Appendix D to answer the question. Round your answers to the nearest dollar. PV (First alternative): $ PV(Second alternative): $ Which alternative should be preferred? The alternative should be preferred. Interest Factors for the Present Value of One Dollar Time Period Interest Factors for the Present Value of an Annuitv of One Dollar