The Bluebird Company Has a £10,000 Liability It Must Pay

The Bluebird Company has a £10,000 liability it must pay four years from today.The company is opening a savings account so that the entire amount will be available when this debt needs to be paid.The plan is to make an initial deposit today and then deposit an additional £2,500 a year for the next three years, starting one year from today.The account pays a 3% rate of return.How much does the Bluebird Company need to deposit today?

A) £1,867.74
B) £2,079.89
C) £3,108.09
D) £4,276.34
E) £4,642.28