If you put up $$50,000$ today in exchange for a $6\mathrm{.}4$ percent, $15-$year annuity, what will the annual cash flow be$?$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Annual cash flowIf you put up $$50,000$ today in exchange for a $6\mathrm{.}4$ percent, $15-$year annuity, what will the annual cash flow be$?$

Note: Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Annual cash flow