ent BACK NEXT Question 1 Adam Kaminski ust received signing bonus of S2 200,000 His plan is to invest this payment in a fund that will earn 10%, compounded annually (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) If Adam plans to establish the Adam the Tank Foundation once the fund grows to $6,276,600, how many years until he can establish the foundation? Instead of investing the entire $2,200,000, Bogut invests $650,000 today and plans to make 11 equal annual investments into the fund beginning one year from today. What amount should the payments be to establish the $6,276,600 Adam the Tank Foundation at the end of 11 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR ATER SUBMIT ANSWER ent BACK NEXT Question 1 Adam Kaminski ust received signing bonus of S2 200,000 His plan is to invest this payment in a fund that will earn 10%, compounded annually (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) If Adam plans to establish the Adam the Tank Foundation once the fund grows to $6,276,600, how many years until he can establish the foundation? Instead of investing the entire $2,200,000, Bogut invests $650,000 today and plans to make 11 equal annual investments into the fund beginning one year from today. What amount should the payments be to establish the $6,276,600 Adam the Tank Foundation at the end of 11 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR ATER SUBMIT