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If you put up $28,000 today in exchange for a 8.2 percent, 11-year annuity, what will the annual cash flow be? (Do not include the
If you put up $28,000 today in exchange for a 8.2 percent, 11-year annuity, what will the annual cash flow be? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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