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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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