Problem $6-5$ Calculating Annuity Cash Flows $[$LO$1]$

If you put up $$40,000$ today in exchange for a $6\mathrm{.}25$ percent, $15-$year annuity, what will the annual cash flow be$?($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Answer is complete but not entirely correct.

$\backslash$table$[[$Annual cash flow,$$99,310\mathrm{.}25$