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The Pocatello Pokeys have just hired a new team manager. The contract requires $24,100,000 be paid to the manager after she completes 9 years of

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The Pocatello Pokeys have just hired a new team manager. The contract requires $24,100,000 be paid to the manager after she completes 9 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 8 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 $1.928,000.00 $1,869,321.47 $1,929,920.99 $1,864,303.68

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