Question: El Your answer is incorrect. Try again. Cullumber Company issued $1,160,000, 11 year bonds. It agreed to make annual deposit of $90,000 to a fund
El Your answer is incorrect. Try again. Cullumber Company issued $1,160,000, 11 year bonds. It agreed to make annual deposit of $90,000 to a fund (called a sinking und), which will be used to pay at the end of 11 years. The deposits are made at the end of each year inte an account paying annual interest the principal amount of the end Click here to view the factor table (For calculation purposes, use 5 decimal places as played in the factor table provided.) What amount will be in the sinking fund at the end of 11 years? (Round answer to 2 decimal places g. 25.75.) Amount in the sinking funds Click If you would like to show Work for this questions Open Show Work El Your answer is incorrect. Try again. Cullumber Company issued $1,160,000, 11 year bonds. It agreed to make annual deposit of $90,000 to a fund (called a sinking und), which will be used to pay at the end of 11 years. The deposits are made at the end of each year inte an account paying annual interest the principal amount of the end Click here to view the factor table (For calculation purposes, use 5 decimal places as played in the factor table provided.) What amount will be in the sinking fund at the end of 11 years? (Round answer to 2 decimal places g. 25.75.) Amount in the sinking funds Click If you would like to show Work for this questions Open Show Work
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