Question: If Jerry Jones put up $ 4 0 , 0 0 0 today in exchange for a 6 . 1 percent, 1 5 - year
If Jerry Jones put up $ today in exchange for a percent, year annuity, what will the annual cash flow beDo not round intermediate
calculations and round your answer to decimal places, eg Enter your answer as positive value and do not include a dollar sign or commas in
your answer.
Numeric Response
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