The Herbertson Company leases machines to clients. Annual rentals are paid each year, with the first payment due on the day

the lease begins. A machine with a book value of $$12,000$ is leased. Unguaranteed salvage value is $$1,500.$ Lease term is six

years. Herbertson's interest rate is $5\%.$ What is the approximate annual lease payment?

Select one:

a$.$ $$2,041\mathrm{.}60$

b$.$ $$2,251\mathrm{.}63$

c$.$ $$2,364\mathrm{.}21$

d$.$ $$2,143\mathrm{.}68$

e$.$ $$2,059\mathrm{.}74$