What is the present value of the following net cash flows if the discount rate is 12%: Year Cash Flow 1-5 $10,000 each year 6-10 $15,000 each year 11-15 $17,000 each year

A. $ 86,462

B. $ 79,252

C. $151,400

D. $144,037

Sarah borrowed $125,000 to buy a house, her your loan cost was 11% and she promised to repay the loan in 15 equal annual payments. What is the principal outstanding after the first loan payment?

A. $121,367

B. $123,088

C. $107,617

D. None of the above