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If you put up $26,000 today in exchange for a 7.25 percent, 11-year annuity, what will the annual cash flow be? Multiple Choice $3,686.28 $3,338.90

If you put up $26,000 today in exchange for a 7.25 percent, 11-year annuity, what will the annual cash flow be?

Multiple Choice

  • $3,686.28

  • $3,338.90

  • $3,510.58

  • $2,363.64

  • $5,388.65

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