A contractor's price for a new building was $85 100.00. Stampede Inc., the buyers of the building, paid $14 000.00 down and financed the balance by making equal payments at the end of every six months for 14 years. Interest is 12% compounded semi-annually. How much will Stampede Inc. owe after 6 years?

a

$68 496.45

b

$24 645.06

c

$148498.84

d

$53 596.92

e

$5303.53