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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.,
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 | |||||||||||
| $ | $ | 25,850 | 8 | 8 | % | |||||||||
| 1,130,000 | 43 | 10 | ||||||||||||
| 976,000 | 29 | 11 | ||||||||||||
| 149,000 | 16 | 7 | ||||||||||||
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
