A $10,000 loan is repaid with level annual payments. The first payment is made one year after taking out the loan. The outstanding balance just after the 8th payment is $7,112.10. The outstanding balance just after the 16th payment is $2,845.36. Calculate the outstanding balance just after the 17th payment. (Hint: Use the Retrospective Method) O a $1,885 O b. $2,185 Oc. $1,485 d. $2,312 O e. $1,985