Dustin is considering an investment that will pay $$7,000$ a year for $10$ years, starting

$1$ year from today. How much should Dustin pay for this investment today if he wishes to earn a

$5\mathrm{.}6$ percent rate of return? $($Hint: The price he should pay is the present value of the investment$$s

annual payments.$)$

a$.$ $$52,511$

b$.$ $$53,127$

c$.$ $$54,492$

d$.$ $$55,638$