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X Your answer is incorrect Robben Company is considering investing in an annuity contract that will return $27.500 annually at the end of each year

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X Your answer is incorrect Robben Company is considering investing in an annuity contract that will return $27.500 annually at the end of each year for 13 years. Click here to view the factor table. (Por calculation purposes, use 5 decimal places as dlsokryed in the factor table provided) What amount should Robben Company pay for this investment if it earns an 9% return? (Round answer to 2 decimal proces & 25.25.) Robben Company should pay $ 631.218.08

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