Question $2(1$ point$)$

A loan of $$12,000$ with interest at $14\%$ compounded annually is to be amortized by equal payments at the end of each year for six years.n nbbwhat is the outstanding principal just after the fifth payment?

a $$2,374\mathrm{.}49$

b $$6,136\mathrm{.}37$

c $$9\mathrm{.}293\mathrm{.}08$

d $$2,706\mathrm{.}92$