Question: Brief Exercise A-11 X] your answer is incorrect. Try again. Robben Company is considering investing in an annuity contract that will return $29,000 annually at

Brief Exercise A-11 X] your answer is incorrect. Try again. Robben

Brief Exercise A-11 X] your answer is incorrect. Try again. Robben Company is considering investing in an annuity contract that will return $29,000 annually at the end of each year for 20 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 7% return? (Round answer to 2 decimal places, e.g. 25.25.) Robben Company should pay 306571.43 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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