Albert is considering investing in an annuity being offered by Casey Investments Ltd. The annuity will pay him $7,000 per quarter for 5 years. Albert is trying to work out how much this annuity is worth. He thinks that he should receive a return equivalent to an effective annual interest rate of 4.0% per annum. What is the value of this annuity to Albert? Select one: a. $126,318.87 b. $126,708.92 c. $126,505.51 d. $126,165.54