Two Payments of $5,000 60 Days Ago and $5,000 in 120

Multiple Choice

Two payments of $5,000 60 days ago and $5,000 in 120 days are to be replaced by a payment now and $4,000 in 90 days. If interest is 3.2% annually, determine the amount to pay now, if the focal point is today.

A) $6,012.40
B) $6,018.50
C) $6,005.57
D) $6,003.20
E) $5,996.60