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Cullumber company issued $900,000, 10-year bonds and agreed to make annual sinking fund deposits of $78, 500. The deposits are made at the end of

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Cullumber company issued $900,000, 10-year bonds and agreed to make annual sinking fund deposits of $78, 500. The deposits are made at the end of each year into an account paying 4% annual interest. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount win be in the sinking fund at the end of 10 years? (Round answer to 2 decimal places e.g. 25.75) Amount in the sinking fund Click if you would like to show work for this

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