n= 9 i=8%

Instead of investing the entire $1,067,000, Bogut invests $324,900 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 plans to establish the $2,132,933 foundation at the end of 9 years? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, eg. 458,581. ) Payments \$