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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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