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2-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.,

2-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

Future Value

Years

Interest Rate

$

$

24,250

8

6

%

970,000

37

8

784,000

23

9

132,000

14

5

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