A is correct, but I need help with B and C.

What I have tried for B is:

N= 5 I/Y=10 PV= - 1.6 million Pmt= 0 FV=???

N= 10 i/y=10 PV= Previous future value PMT= ??? FV= 0

I also tried to substitute the number of years for 25 and 15, but I am still getting it wrong.

For C

N=15 I/Y=10 PV= ??? PMT= 250,000 FV= 0

It would be great if you could give me an explanation of the things that I am missing. Thank you!

a. Calculate the annual cash flows (annuity payments) from a fixed-payment annuity if the present value of the 15-year annuity is $1.6 million and the annuity earns a guaranteed annual return of 10 percent. The payments are to begin at the end of the current year. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Annual cash flows 210358.0 b. Calculate the annual cash flows (annuity payments) from a fixed-payment annuity if the present value of the 15-year annuity is $1.6 million and the annuity earns a guaranteed annual return of 10 percent. The payments are to begin at the end of five years. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g, 32.16)) Annual cash flows c. What is the amount of the annuity purchase required if you wish to receive a fixed payment of $250,000 for 15 years? Assume that the annuity will earn 10 percent per year. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Present value