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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 | |||||||||||
| $ | $ | 24,650 | 8 | 10 | % | |||||||||
| 1,010,000 | 41 | 12 | ||||||||||||
| 832,000 | 27 | 13 | ||||||||||||
| 137,000 | 12 | 9 | ||||||||||||
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Finance
Authors: Angelico Groppelli, Ehsan Nikbakht
2nd Edition
0812043731, 978-0812043730
