Provide an appropriate response.A debt of $2000 due in one year is to be repaid by a payment due two years from now and a final payment of $1000 three years from now. If the interest is at the rate of 4% compounded annually, then the payment due in two years is

A. $1118.46.
B. $1203.14.
C. $1000.00.
D. $1191.00.
E. $1155.43.


Answer: A

Mathematics

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