Suppose you pay $$100,000$ for a property today. The property appreciates $8\%$ in the first

year, and $12\%$ in the second year. The third year yield was $7\%.$ What was the income

generated by the property in year $3?$

A$.$ $$8,000$

B$.$ $$29,427$

C$.$ Cannot be computed from the information given.

D$.$ $$8,467$

E$.$ $$7,000$