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A contract between two parties (company C & D) was created such that in return for services rendered, company C could have two options for
A contract between two parties (company C & D) was created such that in return for services rendered, company C could have two options for repayment. Option i would have payments of $10,000 in quarter 4, $20,000 in quarter 8, and $30,000 in quarter l2. Alternatively, under Option 2, Company C could pay two equal amounts now and in quarter 12. ll interest on the contract is 8.2% compounded monthly, determine the value of the lump sum payments that should be written in the contract. When entering your answer, round your values to two decimal places, and use a $ symbol as well as the correct comma separator. For example $1,234.56
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