A sum of $10,000 now (time 0) is equivalent to the following cash flow diagram. What is the value of $B if the annual interest rate is 3%? $1,600 $1,600 $2,500 $B 2 3 5 6 End of Year 7 $10,000 A figure has a cash flow diagram with a horizontal axis labeled "End of Year." The diagram runs from 0 to 7 with 7 equal periods. A cash outflow of 10000 dollars occurred at 0. Cash inflows in the amounts of 1600 dollars, 1600 dollars, 2500 dollars, and B dollars, occurred at 1, 3, 6, and 7, respectively. Cash inflows are shown as upward arrows, and cash outflows are shown as downward arrows. LOADING... Question content area bottom Part 1 The value of $B is enter your response here. (Round to the nearest dollar.)