The chief finance officer of your fire district reminded the fire district board of a loan that they have to pay off in 8 years. The amount needed to pay off the loan in 8 years is $143,815.31. The officer recommended that the district should prepare for the payoff by setting aside annual payments into a fund paying 3.4%. How much should each payment be? O $15,420.52 O $15,944.82 O $17,385.80 $18,588.13