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
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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 Present Value $ 31,600 $ 28,450 $ 147,500 $ 216,300 12
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