Laura has obtained a special 3-year, $10,000 decreasing graduated payment mortgage from Nopay Bank. The three annual payments will decrease by 20% each year. If the interest rate for the mortgage is 10%, the balance of the mortgage after two payments is nearest:

Select one:

a. $3,036

b. $3,236

c. $2,936

d. $3,136

e. $2,836