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Problem 5-7 Calculating Annuity Values [LO 1] For each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed, but do

Problem 5-7 Calculating Annuity Values [LO 1]

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
$ $ 25,150 8 % 8
$ 1,060,000 10 36
$ 892,000 11 22
$ 142,000 7 17

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