Question: A contract can be fulfilled by making an immediate payment of $3089,or equal payments at the end of every year for 4years. What is the

A contract can be fulfilled by making an immediate payment of $3089,or equal payments at the end of every year for 4years. What is the size of the annual payments at9% per annum compounded

Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed

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