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The Pocatello Pokeys have just hired a new team manager. The contract requires $24,300,000 be paid to the manager after she completes 8 years of

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The Pocatello Pokeys have just hired a new team manager. The contract requires $24,300,000 be paid to the manager after she completes 8 years of service. The team wants to set aside an equal amount of money each year to cover this future payment. If the team earns 7 percent on their investments, how much must the team set aside each year? Assume they set aside the first payment at the end of the year. Multiple Choice $2.302.504.83 $2.368.466 63 $2.297412.63 $1877,354 84 $1701000.00

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