Determine the present equivalent value of the cash-flow diagram shown below when the annual interest rate, i, varies as indicated. P=? $5,000 $5,000 Q $2,500 $2,500 i = 8% 12 = 10% i3 = 8% 14-6% 4 =6% 16 = 6% 0 1 2 3 Years 4 5 6 Click the icon to view the interest and annuity table for discrete compounding when i = 6% per year. Click the icon to view the interest and annuity table for discrete compounding when i = 8% per year. Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. The present equivalent value is $ (Round to the nearest cent.)