Instead of investing the entire $1,090,600, Bogut invests $324,900 today and plans to make 8 equal annual investments into the fund beginning one year from today. What amount should the payments be if Bogut plans to establish the $2,018,624 foundation at the end of 8 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

annient Exercise -15 Newman Bogut just received a signing bonus of $1,000,600. His plan is to invest this payment in a fund that will earn Click here to view factor tables %, compounded annually Your answer is correct Ir Bogut plans to establish the AB Foundation once the fund grows to $2,018,624, how many years until he can establish the foundation? years SHOW SOLUTION SHOW ANSWER NK TO TEXT INFO TEXT Your answer is incorrect. Try again. Instead of investing the entire $1.090.600, Bogut invests $324,900 today and plans to make sual annual investments into the fund begining one year from of years (Round factor values to 5 decimal places, ed. 1.25124 and final answer to o decimal places, 0.458,581.) Payments 1.85093 Click if you would like to Show Work for this question. Deen Show Work Pais D 2000-2003s ex on Ins. A ghts Reserved. A Division of John s ons Inc. annient Exercise -15 Newman Bogut just received a signing bonus of $1,000,600. His plan is to invest this payment in a fund that will earn Click here to view factor tables %, compounded annually Your answer is correct Ir Bogut plans to establish the AB Foundation once the fund grows to $2,018,624, how many years until he can establish the foundation? years SHOW SOLUTION SHOW ANSWER NK TO TEXT INFO TEXT Your answer is incorrect. Try again. Instead of investing the entire $1.090.600, Bogut invests $324,900 today and plans to make sual annual investments into the fund begining one year from of years (Round factor values to 5 decimal places, ed. 1.25124 and final answer to o decimal places, 0.458,581.) Payments 1.85093 Click if you would like to Show Work for this question. Deen Show Work Pais D 2000-2003s ex on Ins. A ghts Reserved. A Division of John s ons Inc