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Blossom Compary is considering investing in an annuity contract that will return $25,000 annuslly at...

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Accounting

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Blossom Compary is considering investing in an annuity contract that will return $25,000 annuslly at the end of each year for 15 years. Click here to view the factor table. What amount should Blossom Company pay for this investment it it earns an 5% return? (For calculation purposes, use 5 decimal pliaces as displayed in the factor table provided. Round answer to 2 decimal places, es. 25.25) Biossom Company should pay

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