An insurance policy will pay you $$20,000$ per year for $12$ consecutive years. The first payment will occur eight years

from today, Using a discount rate of $6\%,$ what is a fair price for this insurance policy in a lump$-$sum payment occurring

today?

A$)$ $$167,676\mathrm{.}88$

B$)$ $$99,247,69$

C$)$ $$105,202,55$

D$)$ $$111,514\mathrm{.}70$