Fill in the Lettered Blanks in the Following Table

Essay

Fill in the lettered blanks in the following table: $\begin{array}{lccc}&\text { Investment A}& \text { Investment B}& \text { Investment C }\\ \text { Amount of investment } & £ 40,000 & \text { (a) } & £ 20,000 \\ \text { Economic life in years } & 10 & 5 & 8 \\ \text { Annual cash flow } & £ 5,000 & \text { (b) } & £ 2,500 \\\text { Payback period in years } & \text { (c) } & 4 & \text { (d) } \\\text { Present value of cash flows } & (\mathrm{e}) & £ 33,000 & \text { (f) } \\\text { Net present value } & £ 5,500 & £ 3,000 & (£ 1,000)\end{array}$