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8:37 5. If you put up $40,000 today in exchange for a 6.25 percent, 15-year annuity, what will the annual cash flow be? (Use your

8:37 5. If you put up $40,000 today in exchange for a 6.25 percent, 15-year annuity, what will the annual cash flow be? (Use your financial calculator to calculate the annual cash flow payment of the annuity)

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