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(2 3. (2 marks) You have written 4 post-dated cheques that will all be withdrawn from your bank account. The amounts of each cheque and
(2 3. (2 marks) You have written 4 post-dated cheques that will all be withdrawn from your bank account. The amounts of each cheque and the dates of withdrawal are outlined below. If your account pays you 1.1% per year, how much money has to be in the account now, given that "now" is assumed to be Dec 31, 2022? Show your work for marks. a. Cheque A is for $400, and dated Dec 31, 2025 b. Cheque B is for $1220 and dated Dec 31, 2030 c. Cheque C is for $575 and is dated Jan 1, 2023 d. Cheque D is for $300 and is dated Dec 31, 2027
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