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If you put up $27,000 today in exchange for a 7.25 percent, 16-year annuity, what will the annual cash flow be? $1,687.50 $6,554.80 $2,905.68 $3,099.30

If you put up $27,000 today in exchange for a 7.25 percent, 16-year annuity, what will the annual cash flow be?

  • $1,687.50

  • $6,554.80

  • $2,905.68

  • $3,099.30

  • $2,717.76

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