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If you put up $29,000 today in exchange for a 7.00 percent, 17-year annuity, what will the annual cash flow be? Multiple Choice $2,970.33 $1,705.88

If you put up $29,000 today in exchange for a 7.00 percent, 17-year annuity, what will the annual cash flow be? Multiple Choice $2,970.33 $1,705.88 $7,393.47 $3,179.25 $2,767.90

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