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 Present Value Years Interest Rate
$ $ 31,900 6 12 %
28,900 8 10
152,000 15 15
221,700 15 14

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