Suppose Mr. Takegawa owes Ms. Perez three sums of money $1000 due in 2 years, $1500 due in 5 years,
and $2000 due in 8 years. Suppose he would rather pay her $2000 now and the rest in 3 years. If the
interest rate is 6% compounded annually, how much will he owe in 3 years?
A) 1507.47
B) 1007.47
C) 1057.47
D) 1075.47
