What is the equivalent AW of a two-year contract that pays $2,000 at the beginning of the

Question:

What is the equivalent AW of a two-year contract that pays $2,000 at the beginning of the first month and increases by $200 for each month thereafter? = 12% compounded monthly.
(a) $10,616
(b) $131,982
(c) $5,511
(d) $4,205
(e) $134,649
MARR
Minimum Acceptable Rate of Return (MARR), or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other...