The Pocatello Pokeys have just hired a new team manager. The contract requires $24,900,000 be paid to the manager after she completes 6 years of service. The team wants to set aside an equal amount of money each year to cover this payment. If the team earns 5 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 $1,380,889.28 $3,584,774.71