Larkspur Company purchased a machine at a price of $91,900 by signing a note payable, which requires a single payment of $125,685 in 3 years. Click here to view factor tables Assuming annual compounding of interest, what rate of interest is being paid on the loan? (Round answer to 0 decimal places, e.g. 13%.) Rate of interest Wildhorse Corporation, having recently issued a $20,101,200, 15-year bond issue, is committed to make annual sinking fund deposits of $620,500. The deposits are made on the last day of each year and yield a return of 10%. Click here to view factor tables Will the fund at the end of 15 years be sufficient to retire the bonds? Future value of an ordinary annuity $ Will funds be sufficient? Wildhorse Corporation, having recently issued a $20,101,200, 15-year bond issue, is committed to make annual sinking fund deposits of $620,500. The deposits are made on the last day of each year and yield a return of 10%. Click here to view factor tables Determine the amount of deficiency. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Deficiency $