Problem 5-5 Calculating Annuity Cash Flows [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				Present Value			Interest Rate				Years
	$			$	31,600			9	%				6
	$				28,450			7					8
	$				147,500			12					12
	$				216,300			11					16