Question: If you put up $ 2 7 , 0 0 0 today in exchange for a 8 . 1 percent, 1 0 - year annuity,

If you put up $27,000 today in exchange for a 8.1 percent, 10-year annuity, what will the annual cash flow be?(Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g.,32.16).)

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