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Your answer is incorrect. Sunland Company is considering investing in an annuity contract that will return $28,500 annually at the end of each year
Your answer is incorrect. Sunland Company is considering investing in an annuity contract that will return $28,500 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 Sunland Company pay for this investment if it earns an 10% return? (Round answer to 2 decimal places, eg. 25.25) Sunland Company should pay $
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