View Policies Current Attempt in Progress Frye Company is considering investing in an annuity contract that will return $50,000 annually at the end of each year for What amount should Frye Company pay for this investment if it earns an 8% return? (For calculation purposes, use 5 de places as displayed in the factor table provided. Round answer to 2 decimal places, eg. 52.75) Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 Click here to view the factor table Present Value of an Annuity of 1 Frye Company pay for investment $ eTextbook and Media Attempts: 0 of 3 used Sun An le w R D F G H K B N Appendix A - Homework Extra Credit -/1.25 III Question 4 of 4 View Policies Current Attempt in Progress Frye Company is considering investing in an annuity contract that will return $50,000 annually at the end of each year for 20 years. What amount should Frye Company pay for this investment if it earns an 8% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 2 decimal places, s. 52.75.) Click here to view the factor table Future Value of 1 Click here to view the factor table Future Value of an Annuity of 1 Click here to view the factor table Present Value of 1 Click here to view the factor table Present Value of an Annuity of 1 Frye Company pay for investment $ e Textbook and Media Attempts: 0 of 3 used Submit Anne