Compounding with Different Interest Rates a Deposit of $1,000 Earns

Multiple Choice

Compounding with Different Interest Rates 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) $,3030.00