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5) What is the present worth of an annual investment of $5,000 that begins in year 5 and ext through year 12 (8 years of

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5) What is the present worth of an annual investment of $5,000 that begins in year 5 and ext through year 12 (8 years of investment) at 5% interest. A) 22,798 B) 34,987 C) 19,769 D) 26,586 6) What is the present worth of the following series of income & disbursements if the interest rate is 6% per year? Year Income 12,000 800 900 Expense 9000 400 200 1-4 5-7 A) 5555 B) 5868 C) 6251 D) 6709

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