a conditional sale contract require the debtor to make $12$ quaterlly payments of $$267$ with the $1$st payment due in $9$ months. What amount will a finance company pay to purchase the contarccontract on date of sale if the finance company requires a rate of return of $14$ percent compounded monthly?

Options:

a$.$ $$2090\mathrm{.}18$

b$.$ $$2710\mathrm{.}18$

c$.$ $$1710\mathrm{.}18$

d$.$ $$1910\mathrm{.}18$

e$.$ $$2980\mathrm{.}18$