A project requires a capital investment of $400,000 today and the associated operating costs will be $125,000 per year for six years. The company's weighted average cost of capital is 10.2% per year.What is the equivalent annual annuity of the project's costs?

Question 5 options:

A)

$171,247

B)

$236,252

C)

$217,382

D)

$197,812

E)

$245,236