Question: 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
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 Years Present Value $ 15,000 $ 21,400 $ 145,300 $ 325,000 Interest Rate 11% 7 6 8 8 6 15 20
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