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Blossom Discount Retail Company is considering investing in an annuity contract that will return $ 7 9 , 0 0 0 annually at the end

Blossom Discount Retail Company is considering investing in an annuity contract that will return $79,000 annually at the end of each year for 15 years. What amount should Blossom Company pay for this investment if it earns an 6% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g.52.75.)
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Blossom Company pay for investment $
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