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many years the foundation lower le s reund beginning one year from today. What amount should the pa decal places Exercise 6-15 Adams Bogut just

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many years the foundation lower le s reund beginning one year from today. What amount should the pa decal places Exercise 6-15 Adams Bogut just received a signing bonus of $962,900. His plan is to invest this payment in a fund that will earn 11%, compounded annually. Click here to view factor tables Your answer is correct. If Bogut plans to establish the AB Foundation once the fund grows to $2,734,078, how many years until he can establish the foundation? 10 years SHOW SOLUTION LINK TO TEXT LINK TO TEXT x Your answer is incorrect. Try again. Instead of investing the entire $962,900, Bogut invests $299,500 today and plans to make 10 equal annual investments into the fund beginning one year from today. What amount should the payments be if Bogut plans to establish the $2.734,078 foundation at the end of 10 years? (Round factor values to 5 decimal places, e. 1.25124 and fina Lanswer to o decimal places, e.g. 458,581.) Payments 243458 Click if you would like to Show Work for this question: Open Show Work

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