Problem 6.5 Jeremy Fenloch borrowed some money from his friend and promised to repay him the amounts of $1,422, $1,930, $1,785, $2,077, and $2,296 over the next five years. If the friend normally discounts investment cash flows at 8.1 percent annually, how much did Jeremy borrow? (Round answer to 2 decimal places, e.g. 15.25) Present value Present value $ Question Attempts: 0 of 3 used