Michael plans to save $$42,300\mathrm{.}00$ per year for $7$ years, with his first annual savings contribution expected later today. He then plans to withdraw $$75,821\mathrm{.}89$ per year for as long as he can. Michael expects to earn $9\mathrm{.}37$ percent per year. How many payments of $$75,821\mathrm{.}89$ can Michael expect to receive if his first annual payment of $$75,821\mathrm{.}89$ is received in $7$ years?

$6\mathrm{.}57$ payments

$8\mathrm{.}48$ payments

$7\mathrm{.}44$ payments

$5\mathrm{.}65$ payments

the answer cannot be obtained based on the given information