For each of the following annuities, calculate the annual cash flow. (Enterrounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) |
Cash Flow | Future Value | Interest Rate | Years | |||||||||||
?$ | $ | 25,000 | 5 | % | 8 | |||||||||
?$ | 1,000,000 | 7 | 40 | |||||||||||
?$ | 750,000 | 8 | 25 | |||||||||||
?$ | 135,000 | 4 | 13 | |||||||||||