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 Interest Rate 8 % 6 Present Value $ 31,500 $ 28,300 $ 146,000 $ 214,500 8 6 11 11 18 10
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