You bought an annuity selling at $12,131.06 today that promises to make equal payments at the beginning of each year for the next 6 years (N). If the annuity's appropriate interest rate (I) remains at 11.00% during this time, then the value of the annual annuity payment (PMT) is ...?

a. $3,229.16

b. $6,672.08

c. $2,583.33

d. $3,745.83