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If you put up $27,000 today in exchange for a 7.50 percent, 12-year annuity, what will the annual cash flow be? Multiple Choice $2,250.00 $3,309.34

If you put up $27,000 today in exchange for a 7.50 percent, 12-year annuity, what will the annual cash flow be? Multiple Choice $2,250.00 $3,309.34 $3,676.13 $3,490.50 $5,658.70

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