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FILL IN THE BLANK!! Crane Company signed a lease for an office building for a period of 12 years. Under the lease agreement, a security

FILL IN THE BLANK!!
Crane Company signed a lease for an office building for a period of 12 years. Under the lease agreement, a security deposit of $8,200 is made. The deposit will be returned at the expiration of the lease with interest compounded at 5% per year. Click here to view the factor table. (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 $ I
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Crane Company signed a lease for an office building for a period of 12 years. Under the lease agreement, a security deposit of 58,200 is made. The deposit will be returned at the expiration of the lease with interest compounded at 5% per year. Click here to view the factor table. (For calculation purposes, use 5 decimat places as displayed in the factor toble provided.) What amount will Crane receive at the time the lease explires? (Round answer to 2 decimai placesi es. 25.25.) Amount at the time the lease expires is

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