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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 | Present Value | Years | Interest Rate | |||||||||||
$ | $ | 32,400 | 6 | 10 | % | |||||||||
29,650 | 8 | 8 | ||||||||||||
159,500 | 20 | 13 | ||||||||||||
230,700 | 22 | 12 | ||||||||||||
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