include handwritten solutionand excel solution please
Posted: Mon Jul 11, 2022 10:07 am
include handwritten solutionand excel solution please
QUESTION 2 A company issued 50 bonds of P1,000 face value each, redeemable at par at the ends of 15 years to accumulate the funds required for redemption, the firm restablished a sinking fund consisting of annual deposits, the interest rate being 4%. Find the following. Redemption value "Letters only Annual deposits The principal in the fund at end of 12th year a. 2,376 b. 2,460 c. 2.497 d. 2,566 e. 2,675 a. 20,900 b. 24,290 c. 32,450 d. 37,520 e. 43,270
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