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Crane Company signed a lease for an office building for a period of 14 years. Under the lease agreement, a security deposit of $9,100 is

Crane Company signed a lease for an office building for a period of 14 years. Under the lease agreement, a security deposit of $9,100 is made. The deposit will be returned at the expiration of the lease with interest compounded at 8% per year.

Click here to view the factor table Future Value of 1

Click here to view the factor table Future Value of an Annuity of 1

(For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

What amount will Crane receive at the time the lease expires? (Round answer to 2 decimal places, e.g. 25.25.)

Amount at the time the lease expires $:

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