If you put up $41,000 today in exchange for a 5.1 percent, 15-year annuity, what will the annual cash flow be?

$3,976.78

Explanation:

In this question, we use the PMT formula which is presented in the spreadsheet.  

The NPER represents the time period.

Provided that,  

Present value = $41,000

Future value = $0

Rate of interest = 5.1%

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is $3,976.78

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

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