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5. Two alternative courses of action have the following schedules of disbursements: 26 0 A Year A 0 $21,000 1 - $2,000 2 0 -3,

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5. Two alternative courses of action have the following schedules of disbursements: 26 0 A Year A 0 $21,000 1 - $2,000 2 0 -3, 500 3 0 -5,000 0 -6,500 5 0 |-8,000 -$21,000 - $25,000 Based on a 4% interest rate, which alternative should be selected? 3 4

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