Debts of $850 due in six months, $700 due in sixteen months, and $1100 due in three years are to be settled by a single payment one year from now. What is the size of that single payment if interest is 7.5% compounded monthly?

Question 9 options: x = $2512.37

x = $3512.37

x = $2612.37

x = $2512.87