MC algo $4-23$ Calculating Present Values

You need to have $$32,750$ in $11$ years. You can earn an annual interest rate of $6$ percent for the first $3$ years, $6\mathrm{.}6$

percent for the next $2$ years, and $7\mathrm{.}3$ percent for the final $6$ years. How much do you have to deposit today?

Multiple Choice

$$17,252\mathrm{.}29$

$$15,855\mathrm{.}54$

$$16,402\mathrm{.}09$

$$15,544\mathrm{.}77$

$$12,869\mathrm{.}31$