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If you put up $35,000 today in exchange for a 8.25 percent, 12-year annuity, what will the annual cash flow be? A. $4,704.66 B. $4,465.46

If you put up $35,000 today in exchange for a 8.25 percent, 12-year annuity, what will the annual cash flow be?

A. $4,704.66

B. $4,465.46

C. $2,916.67

D. $4,949.50

E. $6,914.73

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