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Ayayai Company recently signed a lease for a new office building, for a lease period of 11 years. Under the lease agreement, a security deposit
Ayayai Company recently signed a lease for a new office building, for a lease period of 11 years. Under the lease agreement, a security deposit of $12,650 is made with the deposit to be returned at the expiration of the lease, with interest compounded at 5% per year. Click here to view factor tables What amount will the company receive at the time the lease expires? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) The company will receive $ 21,635.8 Pina Corporation, having recently issued a $20,141,900, 15-year bond issue, is committed to make annual sinking fund deposits of $622,900. The deposits are made on the last day of each year and yield a return of 10%. Click here to view factor tables Will the fund at the end of 15 years be sufficient to retire the bonds? Future value of an ordinary annuity $ Will funds be sufficient
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