Wildhorse Co. is considering investing in an annuity contract that will return $28,000 annually at the end of each year for 12 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 Wildhorse Co. pay for this investment if it earns an 7% return? (Round answer to 2 decimal places, e.g. 25.25.) Wildhorse Co. should pay eTextbook and Media Save for Later $ Attempts: 0 of 3 used Submit