Presented below are three unrelated situations. Your answer is correct. Mann Company recently signed a...
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Presented below are three unrelated situations. Your answer is correct. Mann Company recently signed a lease for a new of, for a lease period of 11 years. under the lease agreement, a security deposit of $14, 700 is made. with the deposit to be retimed at the expiration of the lease, with interest compounded at 5% per year. What amount will the company receive at the time the lease expires? Headland Corporation, having recently issued a $20, 104.s00. 15-year bond issue, is commuted to make annual sinking fund deposits of $622,000. The deposits are made on the last day of each year and a return of 10%. Will the fund at the end of 15 years be sufficient to retire the bonds? Headland Corporation, having recently issued a $20, 104, 500, 15-year bond issue, is commuted 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%. Determine the amount of deficiency. Under the terms of his salary agreement, president Leon Watters has an option of receiving either an immediate bonus of $82, 500, or a deferred bonus of $105,000 payable in 10 years. Ignoring tax considerations and assuming a relevant interest rate of 4%, which term of settlement should Walters accept

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