Kevin Hall invested $8,100 at 9% annual interest, and left the money invested without withdrawing any of the interest for 12 years. At the end of the 12 years, Kevin withdrew the accumulated amount of money. Click here to view the factor table 1. Table 2 Table 3 Table 4 (a) What amount did Kevin withdraw, assuming the investment earns simple interest? The amount Kevin withdrew $ (b) What amount did Kevin withdraw, assuming the investment earns interest compounded annually? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.25471. Round answer to 2 decimal places, e.g. 25.25.) The amount Kevin withdrew $ Waterway Industries signed a lease for an office building for a period of 10 years. Under the lease agreement, a security deposit of $9,400 is made. The deposit will be returned at the expiration of the lease with interest compounded at 7% per year. Click here to view the factor table 1. Table 2 Table 3 Table 4 What amount will Waterway 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 $ Vaughn Manufacturing issued $800,000, 9-year bonds. It agreed to make annual deposits of $81,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 9 years. The deposits are made at the end of each year into an account paying 4% annual interest. Click here to view the factor table 1. Table 2 Table 3 Table 4 What amount will be in the sinking fund at the end of 9 years? (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 5.24571. Round answer to 2 decimal places, e.g. 25.25.) Amount in the sinking fund $ MAJ: 11X @ Copy etch DNWAX Copy of Apx indd X Doppia C Get Home @ https://education wiley.com/content/Wegant Franciaordination hidden tableTABLE Future Value of tot Bad 5 NE + e Periods A Read aloud Da 95 0 1.000.00 1.00000 1 2 1.04000 1.08160 1.12486 1.16986 5% 1.00000 1.05000 1.10250 1.15763 1.21551 1.27628 7% 1.00000 1.07000 1.14490 1.22504 1.31080 1.40255 1.06000 1.12360 1.19102 1.26248 8% 1.00000 1.08000 1.166-40 1.25971 1.36049 1.46933 10% 1.00000 1. 10000 1.21000 1.33100 1.46410 1.00000 1.09000 1.18810 1.29503 1.41158 1.53862 3 11% 1.00000 111000 1.23210 1.36763 12% 1.00000 1.12000 1.25440 1.40493 1.57352 1.76234 15% 1.00000 L. 15000 1.32250 1.5208 1.74901 201136 4 5 1.21665 1.33823 1.51807 1.68506 1.61051 6 1.67710 7 1.97382 2.21068 2.31305 2.66002 1.26532 1.31593 1.36857 1.42331 1.48024 1.50073 1.60578 1.71819 8 1.34010 1.40710 1.47746 1.55133 1.62889 1.41852 1.50363 1.59385 1.68948 1.79085 1.58687 1.71382 1.85093 1.99900 2.15892 1.77156 1.94872 2.14359 2.35795 2.59374 1.82804 1.99256 2.17189 2.36736 1.87041 2.07616 2.30454 2.55803 9 1.838-16 2.47596 2.77308 3.10585 3.05902 3.51788 4,04556 10 1.96715 2.83942 1.89830 11 12 1.53945 1.60103 1.71034 1.79586 2.10485 2.25219 3.15176 3.15176 2.01220 3.49845 13 1.88565 1.66507 1.73168 2.33164 2.51817 2.71962 2.93719 3.17217 2.13293 2.26090 2.39656 2.58043 2.81267 3.06581 3.34173 3.64248 2.40985 2.57853 2.75903 285312 3.13843 3.45227 3.79750 4.17725 14 3.47855 3.89598 4.36349 4.88711 5.47357 1.97993 2.07893 4.65239 5.35025 6.15279 7,07571 8.13706 3.88328 4.31044 4.78459 15 1.80094 16 2.18287 2.54035 6.13019 17 1.87298 1.94790 2.02582 2.29202 6.86601 18 2.69277 2.85434 3.02560 3.20714 2.95216 3.15882 3.37993 3.61653 3.86968 3.42594 3.70002 3,99602 4.31570 4.66096 4.59497 5.05447 5.55992 6.11591 2.40662 2.52695 2.65330 3.97031 4.32763 4.71712 5.14166 5.60441 5.31089 5.89509 6.54355 726334 8,06231 19 9.35762 10.76126 12.37545 14.23177 16.36654 2.10685 2.19112 7.68997 8.61276 9.64629 20 6.72750 to search FI 82"F Partly ATOM