Question
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 | |||||||||||
| $ | $ | 24,050 | 8 | 4 | % | |||||||||
| 950,000 | 35 | 6 | ||||||||||||
| 760,000 | 21 | 7 | ||||||||||||
| 130,000 | 12 | 3 | ||||||||||||
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
