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If you put up $23,000 today in exchange for a 775 percent, 15-year annuity, what will the annual cash flow be? Multiple Choice $2,646.20 $2,485.55

If you put up $23,000 today in exchange for a 775 percent, 15-year annuity, what will the annual cash flow be? Multiple Choice $2,646.20 $2,485.55 $2,811.38 $1,533.33 $5,215,62

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