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Posted on Oct 02, 2024

If you put up $ 5 0 , 0 0 0 today in exchange for a 6 . 4 percent, 1 5 - year annuity,

If you put up $

50, 000

today in exchange for a

6.4

percent,

15 -

year annuity, what will the annual cash flow be

?

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