Question 32 (0.15 points) Harry just bought a new Jeep Cherokee four wheel drive for his lumber business. The price of the vehicle was $40,000 of which he made a $5,000 down payment and took out an amortized loan for the rest. His local bank made the loan at 8% interest for five years. He is to pay back the principal and interest in five equal annual installments beginning one year from now. Determine the amount of Harry's annual payment. (Round to the nearest dollar) OA) $9.470 B) $8,765 OC) $9,709 OD) 9,823