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The Three Wheel Fund set aside an amount of R1 500 000
now for Johny Oneleg, to be paid out to him in whatever way he pleases. He wants to receive three equal payments: one now, one four years from now, and one eight years from now. If an interest rate of 19% per year, compounded quarterly, is applicable, then the amount of money that Johny Oneleg will receive four years from now, equals approximately0%
0%
100%
0%