2 (20 points) Pace Corporation in Cookeville is considering an extended warranty on production Pace Corporation in Cookeville is com $5000, $3000, $5000, and $3000, respectively, yapment it bought recently. The extended warranty will cover year-end repair expenses of 100, 5000, and $3000, respectively, for the next 4 years. If the interest rate is 8%, what is the equivalent uniform annual cost of the extended warranty A. $3,343 B. $3,614 C. $3,807 D. $4,038