Gert owes Jan R3 000 due 10 months from now, and R25 000 due 32 months from now. Gert asks Jan if hecan discharge his obligations by two equal payments: one now and the other one 28 months from now. Janagrees on condition that a simple interest of 14,75% per year be applicable. The amount that Gert will payJan 28 months from now is approximately

[1] R11 455.

[2] R11 511.

[3] R11 728.

[4] R14 000.

[5] R20 000.