Find how much should be put in as investment with $12\%$ effective annual rate of interest today to have P $12,000$ in five years?

TROUBLESHOOT: It should be P$6,809\mathrm{.}12$

A$.P7,121\mathrm{.}42$

B$.$ P $6,078\mathrm{.}57$

C$.$ P $6,513\mathrm{.}12$

D$.$ P $6,089\mathrm{.}12**$