homework helo, thumbs up if good!! thank you

A bank is negotiating a loan. The loan can either be paid off as a lump sum of $110,000 at the end of four years, or as equal annual payments at the end of each of the next four years If the interest rate on the loan is 11%, what annual payments should be made so that both forms of payment are equivalent? O A $23,356 OB. $18,685 OC. $37,370 D. $32,698