Annual deposits | 71000 | |
X Future value factor of $1 annuity | 27.15211 | =((1.08)^15-1)/0.08 |
Amount in the Sinking fund | 1927799.81 |
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise A-4 Bates Company issued $1,900,000, 15-year bonds....
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...
Brief Exercise A-4 Bates Company issued $1,600,000, 12-year bonds. It agreed to make annual deposits of $82,000 to a fund (called a sinking fund), which will be used to pay off the principal amount of the bond at the end of 12 years. The deposits are made at the end of each year into an account paying 9% 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 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...
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...
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...
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:
CALCULATOR PRINTER VERSION BACK NEX Brief Exercise G-15 Ivanhoe Company is about to issue $293,200 of 6-year bonds paying an 8% interest rate, with interest payable semiannually. The discount rate for such securities is 12% Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Ivanhoe expect to receive from the sale of these bonds? (Round answer to 0 decimal places, e.g. 2,575.)...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEX Brief Exercise G-14 Sunland Company is about to issue $450,000 of 10-year bonds paying an 11% interest rate, with interest payable annually. The discount rate for such securities is 13% Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) In this case, how much can Sun and expect to receive from the sale of these bonds (Hound answer to decimal places,...