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Instead of investing the entire $1,081,000, Bogut invests $274,900today and plans to make9equal annual investments into the fund beginning one year from today. What amount

Instead of investing the entire $1,081,000, Bogut invests $274,900today and plans to make9equal annual investments into the fund beginning one year from today. What amount should the payments be if Bogut plans to establish the $2,160,919foundation at the end of9years?

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