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If you put up $26,000 today in exchange for a 8.75 percent, 14-year annuity, what will the annual cash flow be? Multiple Choice $3,292.44 $3,481.45

If you put up $26,000 today in exchange for a 8.75 percent, 14-year annuity, what will the annual cash flow be? Multiple Choice $3,292.44 $3,481.45 $3,108.07 $1,857.14 $5,335.27

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