6. Sam Hinds, a local dentist, is going to remodel the dental reception area and add two new workstations. He has contacted Ace Dec, and the new equipment and cabinetry will cost $18,000. Ace Dec will finance the equipment purchase at 7.5% for 6 years. What will Hinds have to pay in annual payments for this equipment?

a. $3,834.81 b. $3,910.73

c. $4,201.04 d. $4,355.79