13 Travis just purchased a new Corvette. To finance this purchase, he paid $0 in cash and borrowed $36,000 from his father. Travis has promised to repay his father in 6 equal annual payments at an interest rate of 5 percent. What is the amount of each payment?

a $6,300.00

b $7,092.63

c$7,121.08

d $6,000.00