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If you put up $34,000 today in exchange for a 6.50 percent, 12-year annuity, what will the annual cash flow be? a. $2,833.33 b. $7,826.91

If you put up $34,000 today in exchange for a 6.50 percent, 12-year annuity, what will the annual cash flow be?

a. $2,833.33

b. $7,826.91

c. $4,167.32

d. $3,944.99

e. $4,395.45

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