Question
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.
| 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 | |||||||||||
| $ | $ | 32,800 | 6 | % | 6 | |||||||||
| $ | 30,250 | 4 | 8 | |||||||||||
| $ | 165,500 | 9 | 14 | |||||||||||
| $ | 237,900 | 8 | 19 | |||||||||||
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Finance In America An Unfinished Story
Authors: Kevin R. Brine, Mary Poovey
1st Edition
022650204X, 978-0226502045
