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Many businesses have broken the Covic-19 lockdown. A company in BC that was fined for violating the lockdown protocols, asked the court to have a

Many businesses have broken the Covic-19 lockdown. A company in BC that was fined for violating the lockdown protocols, asked the court to have a payment plan to pay the fine. The payment plan requires the company to make annual payments of 100,000, $250,000, and 250,000, respectively over the next three years. The company has to make the first payment one year from today. The BC government plans to invest the funds until the final payment is collected and then donate the entire amount, including investment earnings, to the BC mental health network. The BC Government will earn 3.5% on the funds. 


How much will the BC mental health network receive three years from today? 


How much will the BC mental health network receive in three years if the BC Government is able to earn 5.5% month funds? 

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