For each of the following annuities, calculate the annual cash flow. (Do not rou
ID: 2790117 • Letter: F
Question
For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers 2 decimal places)CashFlow FV Years InterestRate ? $24,750 8 4% ? 1,020,000 42 6 ? 844,000 28 7 ? 138,000 13 3 For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers 2 decimal places)
CashFlow FV Years InterestRate ? $24,750 8 4% ? 1,020,000 42 6 ? 844,000 28 7 ? 138,000 13 3
CashFlow FV Years InterestRate ? $24,750 8 4% ? 1,020,000 42 6 ? 844,000 28 7 ? 138,000 13 3
Explanation / Answer
1.
annual cash flow=24750/(((1+4%)^8-1)/4%)=2686.06
2.
annual cash flow=1020000/(((1+6%)^42-1)/6%)=5797.08
3.
annual cash flow=844000/(((1+7%)^28-1)/7%)=10458.79
4.
annual cash flow=138000/(((1+3%)^13-1)/3%)=8836.08
the above are the answer
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