Homework Answers
| Annual Deposits | 82000 | |
| X Future value factor of an annuity of $1 | 20.14072 | =((1.09)^12-1)/0.09 |
| Amount in the Sinking Fund | 1651539.04 |
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Brief Exercise A-4 Bates Company issued $1,600,000, 12-year bonds. It agreed to make annual deposits of...
Brief Exercise A-4 Bates Company issued $1,700,000, 15-year bonds. It agreed to make annual deposits of...
Brief Exercise A-4 Bates Company issued $1,700,000, 15-year bonds. It agreed to make annual deposits of $79,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 15 years. The deposits are made at the end of each year into an account paying 5% annual interest. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table...
Bates Company issued $600,000, 8-year bonds. It agreed to make annual deposits of $70,500 to a...
Bates Company issued $600,000, 8-year bonds. It agreed to make
annual deposits of $70,500 to a fund (called a sinking fund), which
will be used to pay off the principal amount of the bond at the end
of 8 years. The deposits are made at the end of each year into an
account paying 5% annual interest.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What amount...
bates company issued 1,200,000, 13 year bonds. it agreed to make annual deposits of 73,500 to...
bates company issued 1,200,000, 13 year bonds. it agreed to make
annual deposits of 73,500 to a fund, which will be used to pay off
the principal amount of the bond at the end of 13 years. The
deposits are made at the end of the year into an account paying 4%
annual interest. what amount will be in the sinking fund at the end
of 13 years?
Amount in sinking funds-
he estimating costs and revenu e Brief Exercise...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise A-4 Bates Company issued $1,900,000, 15-year bonds....
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise A-4 Bates Company issued $1,900,000, 15-year bonds. It agreed to make annual deposits of $71,000 to a funda the end of 15 years. The deposits are made at the end of each year into an account paying 8% annual interest. da sinking fand), which will be used to pay off the principal amount of the bond at Click here to view the factor table (For calculation purposes, es decimal places as...
Wildhorse Co. issued $1,100,000, 13-year bonds. It agreed to make annual deposits of $88,000 to a...
Wildhorse Co. issued $1,100,000, 13-year bonds. It agreed to make annual deposits of $88,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 13 years. The deposits are made at the end of each year into an account paying 4% annual interest. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount will be in the sinking fund at...
Wildhorse Co. issued $1,100,000, 13-year bonds. It agreed to make annual deposits of $88,000 to a...
Wildhorse Co. issued $1,100,000, 13-year bonds. It agreed to make annual deposits of $88,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 13 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. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Brief Exercise G-04 Carta Vista Cosed $1.060,000, 15-year bonds. It agreed to make annual deposits of...
Brief Exercise G-04 Carta Vista Cosed $1.060,000, 15-year bonds. It agreed to make annual deposits of $84,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 15 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 (For calculation purposes, use 5 decimal places as displayed in the factor table...
Bates company issued 1,200,000, 13 year bonds. It agreed to make annual deposits of 73,500 to...
Bates company issued 1,200,000, 13 year bonds. It agreed to make annual deposits of 73,500 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 13 years. The deposits are made at the end of each year into an account paying 4% annual interest. What amount will be in the sinking fund at the end of 13 years ? amount in sinking funds:
Bates Company issued $600,000, 8-year bonds. It agreed to make
annual deposits of $70,500 to a fund (called a sinking fund), which
will be used to pay off the principal amount of the bond at the end
of 8 years. The deposits are made at the end of each year into an
account paying 5% annual interest.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What amount...
bates company issued 1,200,000, 13 year bonds. it agreed to make
annual deposits of 73,500 to a fund, which will be used to pay off
the principal amount of the bond at the end of 13 years. The
deposits are made at the end of the year into an account paying 4%
annual interest. what amount will be in the sinking fund at the end
of 13 years?
Amount in sinking funds-
he estimating costs and revenu e Brief Exercise...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise A-4 Bates Company issued $1,900,000, 15-year bonds. It agreed to make annual deposits of $71,000 to a funda the end of 15 years. The deposits are made at the end of each year into an account paying 8% annual interest. da sinking fand), which will be used to pay off the principal amount of the bond at Click here to view the factor table (For calculation purposes, es decimal places as...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Brief Exercise G-4 Cullumber Company issued $1,300,000, 11-year bonds and agreed to make annual sinking fund deposits of $75,300. The deposits are made at the end of each year into an account paying 9% annual interest cick here to view the factor table Future Value 1 Cick here to the factor table Future Value of an Annuity of 1 (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount will be in the sinking fund...
Brief Exercise G-04 Carta Vista Cosed $1.060,000, 15-year bonds. It agreed to make annual deposits of $84,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 15 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 (For calculation purposes, use 5 decimal places as displayed in the factor table...
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