1 for each of the following annuities calculate the annual, Ask an Expert

Finance

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 $ 7682.31 $ 32,500 6 11 % 29,800 8 9 161,000 11 14 232,500 18 13

2. You have been investing $250 a month for the last 13 years. Today, your investment account is worth $73,262. What is your average rate of return on your investments?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92861927

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