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(Solved):   16. If you put up \( \$ 45,000 \) today in exchange for a \( 6.4 \) percent, 15-year annuit ...


 

16.

If you put up \( \$ 45,000 \) today in exchange for a \( 6.4 \) percent, 15-year annuity, what will the annual cash flow be?

If you put up \( \$ 45,000 \) today in exchange for a \( 6.4 \) percent, 15-year annuity, what will the annual cash flow be?


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