Exercise 6-6 Presented below are three unrelated situations. Concord Company fecently signed a lease for a new omice building, for a lease period of 10 years under the lease agreement a security deposit of office building, for a lease period of s0 the lease agreement, 13,450 is made, with the deposit to be returned at the expiration ar the lease, with interest compounded at S% per year. 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 Marigold Corporation, having recently issued a s20 126,200 15-year bond issue, is committed to make annual sinking fund deposits of $623,500. The deposits are made on the last day of each year and yield a return of 10%, Will the fund at the end of 15 years be sufficent to retire the bonds? Future value of an ordinary annuity Will funds be sufficient? Mari old Corporation having recently issued a S20 126,200 $20,126,200, 15-yea 15-year bond issue is com itted to rnake a annual sinking fund deposits of S623 500. The deposits are made on the last day of each year and yield a return of 10%. Determine the amount of deficiency. (Round factor values to 5 decimal places, e.g 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Deficiency VIDEOI SEMILAR EXERCISE Under the terms or his salary agreement, president Morgan Walters has an option or receiving either an im 584,000 payable in 10 ediate bonus ?166,000. or a deferred bonus of $84,000 payable in 10 years. Ignoring tax considerations ard assuring a relevant interest rate of 496, which form of settlement shoul?waners accept? Present value of deferred bonus Exercise 6-6 Presented below are three unrelated situations. Concord Company fecently signed a lease for a new omice building, for a lease period of 10 years under the lease agreement a security deposit of office building, for a lease period of s0 the lease agreement, 13,450 is made, with the deposit to be returned at the expiration ar the lease, with interest compounded at S% per year. 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 Marigold Corporation, having recently issued a s20 126,200 15-year bond issue, is committed to make annual sinking fund deposits of $623,500. The deposits are made on the last day of each year and yield a return of 10%, Will the fund at the end of 15 years be sufficent to retire the bonds? Future value of an ordinary annuity Will funds be sufficient? Mari old Corporation having recently issued a S20 126,200 $20,126,200, 15-yea 15-year bond issue is com itted to rnake a annual sinking fund deposits of S623 500. The deposits are made on the last day of each year and yield a return of 10%. Determine the amount of deficiency. (Round factor values to 5 decimal places, e.g 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Deficiency VIDEOI SEMILAR EXERCISE Under the terms or his salary agreement, president Morgan Walters has an option or receiving either an im 584,000 payable in 10 ediate bonus ?166,000. or a deferred bonus of $84,000 payable in 10 years. Ignoring tax considerations ard assuring a relevant interest rate of 496, which form of settlement shoul?waners accept? Present value of deferred bonus
