Please do problem without factor table

Brief Exercise G-12 XYour answer is incorrect. Try again. Robben Company is considering investing in an annuity contract that will return $40,000 annually at the end of each year for 15 years. ew the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) what amount should Robben Company pay for this investment if it earns an 8% return? (Round answer to 2 decimal places, e.g. 25.25.) Robben Company should pay 1212971.32 Click if you would like to Show Work for this question: Open Show Work