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Sunland Company is considering investing in an annuity contract that will return $$34,000$ annually at the end of each year for $15$ years.

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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$.25\mathrm{.}25.)$

Sunland Company should pay

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