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A loan of $378,481 is to be repaid with 8 level annual payments of principal, starting one year after the loan is made, plus monthly

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A loan of $378,481 is to be repaid with 8 level annual payments of principal, starting one year after the loan is made, plus monthly interest payments on the outstanding balance. The annual nominal rate compounded monthly is 2.97%. 5 years after the loan is made the lender sells the loan to an investor. Find the price paid by the investor if he values the remaining payments at a nominal annual rate of interest convertible monthly of 4%. (A) 139142.99 (B) 139142.95 (C) 139142.97 (D) 139142.93 (E) 139142.91

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