You are asked to compute the approximate equivalent annual annuity of the following deal, given a cost of capital of $5\%$: Investment at time $0,$ $$150,000.$ Annual Expense: $$90,000.$ Life of the project: $10$ years.

Group of answer choices

$-$$$104,214$

$-$$$76,599$

$-$$$109,426$

$-$$$65,655$

$-$$$87,540$