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5-5 Calculating Annuity Cash Flows [LO 1] For each of the following annuities, calculate the annual cash flow.(Enter rounded answers as directed, but do not
5-5 Calculating Annuity Cash Flows [LO 1]
For each of the following annuities, calculate the annual cash flow.(Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) |
Cash Flow | Present Value | Interest Rate | Years |
$ | 31,500 | 8% | 6 |
$ | 28,300 | 6 | 8 |
$ | 146,000 | 11 | 11 |
$ | 214,500 | 10 | 18 |
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