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 11% 6 8 9 Present Value $ 32,500 $ 29,800 $ 161,000 $ 232,500 11 14 18 13
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