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14. For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers to 2 decimal places,
14.
For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
| Cash Flow | Present Value | Years | Interest Rate | |||||||||||
| $ | $ | 32,500 | 6 | 11 | % | |||||||||
| 29,800 | 8 | 9 | ||||||||||||
| 161,000 | 11 | 14 | ||||||||||||
| 232,500 | 18 | 13 | ||||||||||||
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
