Youve decided to buy a new computer that costs $1,500. But Best Buy will let you take the computer home without making paying the full price immediately. Rather, Best Buy will let you pay the $1500 in three years from today. Your bank offers you a savings account that earns 2% annually, and a two-year certificate of deposit (CD) that earns 5% annually. Note that to earn the 5% on the CD, you have to leave your money there for the full two years. After two years, the CD matures and you get your money back. Assume that you will have these options for the next three years- at any time in the next three years, you can earn 2% in the checking account and 5% on the two-year CD. How much money do you need today to make sure you can make the payments to Best Buy?

A. $1296

B. $1373

C. $1334

D. $1413