The Treasure Fund was created for Lekiel after he lost his leg on the battlefield. The fund has undertaken to pay him R1 200 000 now. Lekiel prefers to receive three payments: one three years from now; one twice the size of the first payment six years from now, and one four times the size of the first payment ten years from now. The amount of money to the nearest rand that Lekiel can expect to receive six years from now if the interest rate changes to 8,6% per year, compounded quarterly, will be