Express the present value of an annuity-immediate with monthly payments of 1/12 for 10 years at 5% effective per annum in terms of annuity functions at 5%. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 12( a angle-10 upper-12) at 5% b (a angle-60 upper-12) at 5% c (a angle-10 upper-12) at 5% d 0.05/0.05(12)( a angle-60) at 5%