Vy's student loan balance is $10,000. She is considering refinancing the loan. The lender is offering payments of $1,700 at the end of each year for the next 8 years. The interest rate that the lender is offering is 5% 6% 10% 8% Sonata Corporation will receive $40,000 on January 1, 2025 and each January 1 for the next five years (20262030). What is the present value of the six $40,000 receipts, assuming a 12% interest rate? $324,608$184,191$363,560$164,456