What will annual cash flow be

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Reference no: EM131489017

If you put up $30820 today in exchange for a 6.1 percent, 16-year annuity, what will the annual cash flow be? (Round time value factors to 6 decimal places and final answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456 should be entered as 123456.)

Reference no: EM131489017

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