a. What is the amount of the annuity purchase required if you wish to receive a fixed payment of $260,000 for 15 years? Assume that the annuity will earn 13 percent per year.

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 13 percent. The payments are to begin at the end of the current year.

c. 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 13 percent. The payments are to begin at the end of five years.

I can't figure out C for the life of me. A is $1,680,218.49 and B is $247,586.85. Can you please help me figure out C, please?