Ade has to settle a debt, for which scheduled debt payments of $3800.00 was due seven months ago, $4700.00 was due two months ago, and $8800.00 due in five months. Debt has to be settled by two equal payments now and three months from now respectively. Determine the size of the equal replacement payments at 4.9% p.a. compounded monthly.

Select one:

A.

$17 323.72

B.

$17 270.93

C.

$8650.00

D.

$8688.25

E.

$8635.47