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If you put up $24,000 today in exchange for a 7.00 percent, 11-year annuity, what will the annual cash flow be? Multiple Choice $5,093.17 $3,043.03

If you put up $24,000 today in exchange for a 7.00 percent, 11-year annuity, what will the annual cash flow be? Multiple Choice $5,093.17 $3,043.03 $3,200.57 $3,361.83 $2,181.82

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