Current Attempt in Progress Sunland Discount Retail Company is considering investing in an annuity contract that will return $74,000 annually at the end of each year for 15 years. What amount should Sunland Company pay for this investment if it earns an 12% 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.) Click here to view Table 4. Sunland Company pay for investment $

Sunland Discount Retail Company is considering investing in an annuity contract that will return $74,000 annually at the end of each year for 15 years. What amount should Sunland Compary pay for this imvestment if it earns an 12% return? (For calculotion purposes, use 5 decimal ploces as displayed in the foctor table provided. Round answer to 2 decimal places, es, 5275] Clickhere to view Table 4 Sunland Company pay for investment $