Question: If you put up $30,000 today in exchange for a 7.00 percent, 13-year annuity, what will the annual cash flow be? Multiple Choice $3,795.65 $3,589.53

If you put up $30,000 today in exchange for a 7.00 percent, 13-year annuity, what will the annual cash flow be? Multiple Choice $3,795.65 $3,589.53 $6,783.32 $2,307.69 O $3,388.80
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