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Your goal is to have $ 4 2 0 , 0 0 0 in 1 7 years. Given a 1 4 % annual return, if

Your goal is to have $420,000 in 17 years. Given a 14% annual return, if you fund the account once every year with fixed payments (with the first being one year from now; i.e.,17 payments from time nodes 1 to 17), how much would each payment have to be?
Note: Show your answer in units of dollars, use plain numbers with at least two digits after the decimal (e.g., for $12,345.6789, type 12345.68).
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