What is the PV of an ordinary annuity with $10$ payments of $$1,400$ if the appropriate interest rate is $5\mathrm{.}5\%?$

Select the correct answer.

a$.$ $$10,544\mathrm{.}48$

b$.$ $$10,548\mathrm{.}58$

c$.$ $$10,536\mathrm{.}28$

d$.$ $$10,540\mathrm{.}38$

e$.$ $$10,552\mathrm{.}68$