A Deposit of $1,000 Earns the Following Interest Rates

Multiple Choice

A deposit of $1,000 earns the following interest rates?
8 percent in the first year,
7 percent in the second year, and
8 percent in the third year.
What would be the third year future value?

A) $1,082.15
B) $1,230.00
C) $1,248.05
D) $3,030.00