On January 1, 2016, Smith borrows an amount P with the following 10-year payment scheme: 1000 at the end of each even-numbered year, 2000 at the end of each odd-numbered year. The final payment will be made in 2026. Find P (nearest 100) assuming annual effective interest 5% 11200 0 11500 O 10900 O 11800 O 12100