Problem 5-5 Calculating Annuity Cash Flows [LO 1]

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
		$		$	31,900			6					12	%
					28,900			8					10
					152,000			15					15
					221,700			15					14