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5 If you put up $24,000 today in exchange for a 6.50 percent, 12-year annuity, what will the annual cash flow be? Multiple Choice $5,524.88

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5 If you put up $24,000 today in exchange for a 6.50 percent, 12-year annuity, what will the annual cash flow be? Multiple Choice $5,524.88 $2,941.64 $3,102.67 $2,000.00 $2,784.70

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