A merchant gets a 5% discount on each meter of fabric he buys after the first 2,000 meters and a 7% discount on every meter after the next 1,500 meters. The price, before discount, of one meter of fabric is $2, what is the total amount of money the merchant spends on 6,500 meters of fabric?
Choose the correct choice from the following answers: A) $11,320 B) $12,430 C) $13,540 D) $14,650 E) $15,760
For first 2000 meters he does not get any discount.   The price is  2*2000= 
<gadget id="calculator"> 2*2000</gadget>
<output>4_000</output>
$4000   For next 1500 meters, he gets a 5% discount.   The price is  1.9*1500= 
<gadget id="calculator"> 1.9*1500</gadget>
<output>2_850</output>
$2850   For the next 1500 meters, he gets a 7% discount.   The price is  1.86*3000= 
<gadget id="calculator"> 1.86*3000</gadget>
<output>5_580</output>
$5580   The total price is $4000 + $2850 + $5580= $12,430   The answer is $12,430.
<result>B</result>
A merchant gets a 5% discount on each meter of fabric he buys after the first 2,000 meters and a 7% discount on every meter after the next 1,500 meters. The price, before discount, of one meter of fabric is $2, what is the total amount of money the merchant spends on 6,500 meters of fabric?