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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 | |||||||||||
| $ | $ | 32,300 | 6 | 9 | % | |||||||||
| 29,500 | 8 | 7 | ||||||||||||
| 158,000 | 19 | 12 | ||||||||||||
| 228,900 | 23 | 11 | ||||||||||||
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Options Futures And Other Derivatives
Authors: John C. Hull
9th Edition
0133456315, 9780133456318
