Suppose a Piece of Capital Equipment Will Produce an MRP

Suppose a piece of capital equipment will produce an MRP of $1000 per year for the next three years (beginning one year from now) .What is the maximum price a firm will pay to purchase it today if the annual interest rate is 7%?

A) $816.37
B) $1649.81
C) $2624.32
D) $3210.00
E) $3000