14. You have a chance to buy an annuity that pays $20,000 at the beginning of each year for 5 years. You could earn 6% on your money in other investments with equal risk. What is the most value in the present you should pay for the annuity? * a) $106,589.53 O b) $120,000.00 O c) $126,000.00 d) $162,000.00 O e) None of the above