Please go into detail on how you got the answers to both! Thank you in advance!

Oriole Corporation having recently issued a $27.5 million, 10-year bond issue, is required to make annual year end sinking fund deposits of $1,980,000. The deposits are made on the last day of each year and yield a return of 5%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, eg. 458,581.) Click here to view factor tables 1. Compute the fund balance at the end of the 10 years. Fund balance $ 904227 2. Compute the additional annual deposit amount that should have been made at the end of each of the 10 years to accumulate the $27.5 million. Additional annual deposit $