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Ali Yahya: Attempt 1 Hulk Laboratories had someone smash up their lab, and decides to issue a $500000.00 bond that will mature in 7 years

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Ali Yahya: Attempt 1 Hulk Laboratories had someone smash up their lab, and decides to issue a $500000.00 bond that will mature in 7 years with annual interest payments of 6.00% to replace the lab. At the same time, Hulk Laboratories set up a sinking fund to pay off the principal when it matures. Deposits will be made monthly, and the sinking fund earns 4.75% compounded monthly.' Fill in the blanks below to calculate your answer. What is the annual debt interest payment? (2) NOTE: the number in brackets shows the points value for that blank. It does not form part of your calculations. What is the amount of the payment that will be made into the sinking fund every month END BEC Ali Yahya: Altempt 1 What is the amount of the payment that will be made into the sinking fund every month? . END/BEG (1) P/Y (1) C/Y (1) N (2) 1/Y (1) ch o 1: 1/Y (1) 2 3 1 I PV (1) 0 PMT (4) FV (1) What is the total annual cost of the debt? (2) nirinn fund halance after four years? (2)

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