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Waterway Company is considering investing in an annuity contract that will return $41,000 annually at...

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Accounting

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Waterway Company is considering investing in an annuity contract that will return $41,000 annually at the end of each year for 17 years. Click below to view the factor tables. Table 1. Future Value of 1 Table 2. Future Value of an Annuity of 1 Table 3. Present Value of 1 Table 4. Present Value of an Annuity of 1 (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Waterway Company pay for this investment if it earns an 9% return? (Round answer to 2 decimal places, e.g. 25.25.) Robben Company should pay $

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