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Robben Company is considering investing in an annuity contract that will return $25,500 annually at the end of each year for 16 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 Robben Company pay for this investment if it earns an 5% return? (Round answer to 2 decimal places, e.g. 25.25.) Robben Company should pay $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Using multiple attempts will impact your score. 10% score reduction after attempt 2