Four investments has the highest PV

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Which of the following four investments has the highest PV? (Assume your required rate of return is 5% annually)

Yr              Inv.                      A Inv.    B Inv. C                       Inv. D

1               $10,000               $5,000           $0                            $0

2               $10,000                $5,000           $0                            $0

3               $0                          $5,000           $0                            $0

4               $0                          $5,000           $14,000                   $0

5               $0                          $5,000           $14,000                  $25,000

Reference no: EM13917638

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