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Cullumber Company recently signed a lease for a new office building, for a lease period of 11 years. Under the lease agreement, a security deposit
Cullumber 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 $14,200 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 O decimal places, eg. 458,581.) The company will receive $ e Textbook and Media Riverbed Corporation, having recently issued a $20,066,900, 15-year bond issue, is committed to make annual sinking fund deposits of $623,400. 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? Riverbed Corporation, having recently issued a $20,066,900, 15-year bond issue, is committed to make annual sinking fund deposits of $623,400. The deposits are made on the last day of each year and yield a return of 10 %. Click here to view factor tables Determine the amount of deficiency. (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places e.g. 458,581) Deficiency $ eTextbook and Media Under the terms of his salary agreement, president Tony Walters has an option of receiving either an immediate bonus of $55,000, or a deferred bonus of $70,000 payable in 10 years. Click here to view factor tables Ignoring tax considerations and assuming a relevant interest rate of 4 %, which form of settlement should Walters accept? Present value of deferred bonus $ eTextbook and Media
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