LK Appendix G Homework Question 11 of 26 < > View Policies Current Attempt in Progress -/5 E! Sunland Company is considering investing in an annuity contract that will return $31,000 annually at the end of each year for 17 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sunland Company pay for this investment if it earns an 8% return? (Round answer to 2 decimal places, e.g. 25.25.) Sunland Company should pay $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer