You will receive annual payments of $$2,400$ at the end of each year for $15$ years. The first payment will be received in year $6.$ What is the present value of these payments if the discount rate is $7$ percent?

A$.$ $$11,465\mathrm{.}20$

B$.$ $$12,018\mathrm{.}52$

C$.$ $$13,299\mathrm{.}80$

D$.$ $$15,585\mathrm{.}16$

You want to buy a new sports car from Roy's Cars for $$51,800.$ The contract is in the form of a $48-$month annuity due at a $9\mathrm{.}2$ percent APR. What will your monthly payment be$?$

A$.$ $$1,284\mathrm{.}13$

B$.$ $$1,309\mathrm{.}29$

C$.$ $$1,345\mathrm{.}70$

D$.$ $$1,352\mathrm{.}98$