Question: Next question (Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments

Next question (Present value of annuities and
Next question (Present value of annuities and complex cash flows) You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: Investment End of Year A B C $ 11,000 $ 16,000 11,000 11,000 VOUAWN 11,000 11,000 $ 11,000 11,000 48,000 11,000 a. What is the present value of investment A at an annual discount rate of 24 percent? (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 24 percent? (Round to the nearest cent.) C. What is the present value of investment C at an annual discount rate of 24 percent? (Round to the nearest cent.)

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