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Suppose Mr. Takegawa owes Ms. Perez three sums of money $1000 due in 2 years, $1500 due in 5 years, and $2000 due in 8

Suppose Mr. Takegawa owes Ms. Perez three sums of money $1000 due in 2 years, $1500 due in 5 years,

and $2000 due in 8 years. Suppose he would rather pay her $2000 now and the rest in 3 years. If the

interest rate is 6% compounded annually, how much will he owe in 3 years?

A) 1507.47

B) 1007.47

C) 1057.47

D) 1075.47

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