# For each of the following annuities, calculate the annual cash flow. (Enter roundedanware adirected, but do not use rounded numbers in intermediate calculations.2nswers to 2 decimal places (e.g., 32.16).):YearsCash Flow Present ValueInterest Rate\$36,80027,500145,000215,00011%68815620

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43 views help_outlineImage TranscriptioncloseFor each of the following annuities, calculate the annual cash flow. (Enter rounded anware adirected, but do not use rounded numbers in intermediate calculations. 2 nswers to 2 decimal places (e.g., 32.16).): Years Cash Flow Present Value Interest Rate \$ 36,800 27,500 145,000 215,000 11% 6 8 8 15 6 20 fullscreen
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Step 1

We can find the annual payment using PMT function of excel. The PMT function works with following inputs: PMT (Rate, Nper, -PV, FV) where

Rate =  Interest rate per period

Npe...

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