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If you put up $24,000 today in exchange for a 8.75 percent, 18-year annuity, what will the annual cash flow be? Multiple Choice $2,879.57 $5,646.92

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If you put up $24,000 today in exchange for a 8.75 percent, 18-year annuity, what will the annual cash flow be? Multiple Choice $2,879.57 $5,646.92 $1,333.33 o $2,516.60 $2695 55

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