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Current Attempt in Progress Coronado Industries signed a lease for an office building for a period of 8 years. Under the lease agreement, a security

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Coronado Industries signed a lease for an office building for a period of 8 years. Under the lease agreement, a security deposit of $8,900 is made. The deposit will be returned at the expiration of the lease with interest compounded at 9% per year.
Click here to view the factor table 1.
Table 2
Table 3
Table 4
What amount will Coronado receive at the time the lease expires? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g.5.25741. Round answer to 2 decimal places, e.g.25.25.)
Amount at the time the lease expires $
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