Ch $6$ Assignment

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Problem $6-5$ Calculating Annuity Cash Flows $[$LO$1]$

If you put up $$37,000$ today in exchange for a $6\mathrm{.}25$ percent, $15-$year annuity, what will the annual cash flow be$?($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

$\backslash$table$[[$Annual cash flow,$\frac{?}{\text{b}\text{a}\text{r}}(s),19\mathrm{.}83]]$