Henry Bogut just received a signing bonus of $980,400. His plan is to invest this payment in a fund that will earn 8%, compounded annually. If Bogut plans to establish the AB Foundation once the fund grows to $2,879,621, how many years until he can establish the foundation? Instead of investing the entire $980,400, Bogut invests $322,600 today and plans to make 14 equal annual investments into the fund beginning one year from today. What amount should the payments be if Bogut plans to establish the $2,879,621 foundation at the end of 14 years?