9. Zanele borrowed money from Ted. An amount of R20 000 is due now, and R10 000 due 3 years from now. She would like to reschedule her two payments by means of one payment, 5 years from now. If a new simple interest rate of 14,75% per year is applied to the extended periods, the amount that Ted will receive 5 years from now is

[1] R47 700.

[2] R30 000.

[3] R32 950.

[4] R49 175.

[5] none of the above.