A company has just received a huge donation. It would like to make payments for its insurance for three years in advance. Previously, it has paid S100 in premiums every quarter. Assuming interest rate of 10%, what single sum of money should it pay? (Note: the insurance payments are due at the beginning of the period of coverage, and compounding quarterl 2. a. 1,446.987 b. 1,051.421 c. 1,289.698 d. 1,128.687 e. 1,3851.746