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Carla Vista Company is considering investing in an annuity contract that will return $ 2 9 , 0 0 0 annually at the end of

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Carla Vista Company is considering investing in an annuity contract that will return $29,000 annually at the end of each year for 15 years.
Click here to view the factor table.
What amount should Carla Vista Company pay for this investment if it earns an 7% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, e.g.25.25.)
Carla Vista Company should pay
$
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