Related to Checkpoint 66 Present value of annuities and .pdf

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(Related to Checkpoint 6.6) (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: a. What is the present value of investment A at an annual discount rate of 21 percent? (Round to the nearest cent.) b. What is the present value of investment B at an annual discount rate of 21 percent? (Round to the nearest cent.) c. What is the present value of investment C at an annual discount rate of 21 percent? (Round to the nearest cent).

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