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If you put up $28,000 today in exchange for a 6.50 percent, 13-year annuity, what will the annual cash flow be? Multiple Choice $3,445.80 $3,255.91

If you put up $28,000 today in exchange for a 6.50 percent, 13-year annuity, what will the annual cash flow be? Multiple Choice $3,445.80 $3,255.91 $3,071.16 $6,640.47 $2,153.85

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