Jiminez Company has two investment opportunities. Both investments cost $5,000 and will provide the following net cash flows: $$\begin{array} { | l | r | r | }
\hline \text { Year } & \text { Investment } A & \text { Investment B } \
\hline 1 & \$ 3,000 & \$ 3,000 \
\hline 2 & 3,000 & 4,000 \
\hline 3 & 3,000 & 2,000 \
\hline 4 & 3,000 & 1,000 \
\hline
\end{array}$$ The total present value of Investment A's cash flows assuming an 8% minimum rate of return is (Do not round your PV factors and intermediate calculations. Round your answer to the nearest whole dollar):

Question

Jiminez Company has two investment opportunities. Both investments cost $5,000 and will provide the following net cash flows: $$\begin{array} { | l | r | r | } 
\hline \text { Year } & \text { Investment } A & \text { Investment B } \
\hline 1 & \$ 3,000 & \$ 3,000 \
\hline 2 & 3,000 & 4,000 \
\hline 3 & 3,000 & 2,000 \
\hline 4 & 3,000 & 1,000 \
\hline
\end{array}$$ The total present value of Investment A's cash flows assuming an 8% minimum rate of return is (Do not round your PV factors and intermediate calculations. Round your answer to the nearest whole dollar):

Quizplus · Accepted Answer

The Answer of Jiminez Company has two investment opportunities. Both investments cost $5,000 and will provide the following net cash flows: $$\begin{array} { | l | r | r | } 
\hline \text { Year } & \text { Investment } A & \text { Investment B } \
\hline 1 & \$ 3,000 & \$ 3,000 \
\hline 2 & 3,000 & 4,000 \
\hline 3 & 3,000 & 2,000 \
\hline 4 & 3,000 & 1,000 \
\hline
\end{array}$$ The total present value of Investment A's cash flows assuming an 8% minimum rate of return is (Do not round your PV factors and intermediate calculations. Round your answer to the nearest whole dollar):

Jiminez Company Has Two Investment Opportunities The Total Present Value of Investment A's Cash Flows Assuming