Chancellor Ltd.sells an asset with a $1 million fair value to Sophie Inc.Sophie agrees to make six equal payments,one year apart,commencing on the date of sale.The payments include principal and 6% annual interest.Compute the annual payments.
A)$166,651.
B)$135,252.
C)$203,351.
D)$191,852.

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The Answer of Chancellor Ltd.sells an asset with a $1 million fair value to Sophie Inc.Sophie agrees to make six equal payments,one year apart,commencing on the date of sale.The payments include principal and 6% annual interest.Compute the annual payments.
A)$166,651.
B)$135,252.
C)$203,351.
D)$191,852.