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Tamarisk Corporation, having recently issued a $ 2 0 , 1 0 4 , 5 0 0 , 1 5 - year bond issue, is

Tamarisk Corporation, having recently issued a $20,104,500,15-year bond issue, is committed to make annual
sinking fund deposits of $622,000. 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 0 decimal places, e.g.458,581.)
Deficiency =?
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