Question
For each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations.
| For each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) |
| Cash Flow | Present Value | Interest Rate | Years | |||||||||||
| $ | $ | 33,200 | 11 | % | 6 | |||||||||
| $ | 30,850 | 9 | 8 | |||||||||||
| $ | 171,500 | 14 | 18 | |||||||||||
| $ | 245,100 | 13 | 25 | |||||||||||
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Capital Budgeting
Authors: Pamela P. Peterson
1st Edition
0471218332, 9780471218333
