Graded Problems Saved Help Annual cash inflows from two competing Investment opportunities are given below. Each investment opportunity will require the same initial investment. Investment Investment Year 1 Year 2 Year 3 Year 4 $3,000 4,000 5 ,000 6,000 $6,000 5,000 4,000 3,000 Total $18,000 $18,000 Click here to view Exhibit 118-1, to determine the appropriate discount factor(s) using tables Required: Compute the present value of the cash inflows for each investment using a 8% discount rate. (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) Present Value of Cash Flows Investment X Investment Y Spotify