Novak Corporation, having recently issued a $20,075,700, 15-year bond issue, is committed to make annual sinking fund deposits of $625,000. 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 $enter a dollar amount rounded to 0 decimal places Will funds be sufficient?