(Present value of annuities and complex cash flows​) You are given three investment alternatives to analyze. The cash fl

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(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 Alternatives
End of Year
A
B
C
1
​$
12,000
​$
12,000
2
  
12,000
3
  
12,000
4
  
12,000
5
  
12,000
​$
12,000
  
6
  
12,000
60,000
7
12,000
8
12,000
9
12,000
10
12,000
12,000
​(Click
on the icon
in order to copy its contents into a
spreadsheet.​)
Assuming an annual discount rate of
24
​percent, find the present value of each investment.
Question content area bottom
Part 1
a.  What is the present value of investment A at an annual
discount rate of
24
​percent?
​$enter your response here  
​(Round to the nearest​ cent.)
Assuming an annual discount rate of 24 ​percent, find the
present value of each investment.