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Problem 6.5 Calculating Annuity Cash Flows (LO1) If you put up $45,000 today in exchange for a 6.25%15-year annuity, what will the annual cash flow
Problem 6.5 Calculating Annuity Cash Flows (LO1) If you put up $45,000 today in exchange for a 6.25%15-year annuity, what will the annual cash flow be? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit \$ sign in your response.) Annual cash flow
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Business Statistics For Contemporary Decision Making
Authors: Ken Black
7th Edition
0470931469, 978-0470931462
