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i need help solving this question. Pharoah Company issued $1.220.000.10-year bonds. It agreed to make annual deposits of $98.000 to a fund (called a sinking

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Pharoah Company issued $1.220.000.10-year bonds. It agreed to make annual deposits of $98.000 to a fund (called a sinking fund). which will be used to gay off the principal amount of the bond at the end of 10 years. The deposits are made at the end of each year Into an account psying 9% annsal interest. Click here to vicw the factor table (Fer calavlotion purposes, use 5 decimal places as disployed in the foctor toble provided) What amount will be in the sinking fund at the end of 10 years? (Reund answer to 2 decimal places, es. 25.75) Amount in the sinking fund

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