TROW Tempestory Current Attempt in Progress Your answer is incorrect. Ivanhoe Company is considering investing in an annuity contract that will return $26,500 annually at the end of each year for 15 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 Ivanhoe Company pay for this investment if it earns an 9% return? (Round answer to 2 decimal places, eg. 25.25) Ivanhoe Company should pay $ eTextbook and Media Save for Later Last saved 5 minutes ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. Attempts: 1 of 3 used Submit Answer