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Instead of investing the entire $1,083,000, Bogut invests $299,500 today and plans to make 9 equal annual investments into the fund beginning one year from
Instead of investing the entire $1,083,000, Bogut invests $299,500 today and plans to make 9 equal annual investments into the fund beginning one year from today. What amount should the payments be if Bogut at the end of 9 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Payments $
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