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If you put up $39,000 today in exchange for a 7.25 percent, 13-year annuity, what will the annual cash flow be? Multiple Choice $8,626.40 $5,002.41

If you put up $39,000 today in exchange for a 7.25 percent, 13-year annuity, what will the annual cash flow be? Multiple Choice $8,626.40 $5,002.41 $3,000.00 $4,732.73 O $4,470.01

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