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 | Future Value | Interest Rate | Years | |||||||||||
| $ | $ | 25,350 | 10 | % | 8 | |||||||||
| $ | 1,080,000 | 12 | 38 | |||||||||||
| $ | 916,000 | 13 | 24 | |||||||||||
| $ | 144,000 | 9 | 13 | |||||||||||
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Financial Crimes
Authors: Maximilian Edelbacher, Peter Kratcoski, Michael Theil
1st Edition
0367866528, 978-0367866525
