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D13 D E F G H I If you put up $45,000 today in exchange for a 6.25 percent, 15-year annuity, what will the annual

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D13 D E F G H I If you put up $45,000 today in exchange for a 6.25 percent, 15-year annuity, what will the annual cash flow be? $ Initial investment Interest rate on annuity # of years 45,000 6.25% 15 Complete the following analysis. Do not hard code values in your calculations. Your answers should be positive. Annuity payment

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