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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 | |||||||||||
| $ | $ | 31,900 | 6 | 12 | % | |||||||||
| 28,900 | 8 | 10 | ||||||||||||
| 152,000 | 15 | 15 | ||||||||||||
| 221,700 | 15 | 14 | ||||||||||||
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Financial Reporting And Statement Analysis A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown
4th Edition
0030238110, 978-0030238116
