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a firm must make the following bank payments; $ 1 , 0 0 0 , 0 0 0 three months from today, $ 1 ,
a firm must make the following bank payments; $ three months from today, $ six months from today, $ nine months from today, and $ twelve months from today. What is the future value of these payments in one year from today if the bank invests these cash payments at a rate of
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a $
b $
c $
d $
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