Chris made an interest-free loan to Carol for $12,000, payable in three years. At the end of the first year, Carol offered to settle the debt immediately for $10,000. If Chris can invest this payment at 8 percent compounded quarterly, how much of the loan would Chris recover at the end of two years? Available answer options Select only one option A $11,000 B $11,700 C $11,711 D $11,717