Chapter 6 Problems E6.6 A Future Value = Amount*(1+Rate) ^Years Using the values provided in the question, we get, Future Value after 10 Years = 12,000*(1+5%) ^10 = $19,546.74 B. Future Value of Annual Sinking Fund Deposits = FV (10%,15,600000,0) = $19,063,489.02 C Present Value = Future Value/(1+Rate) ^Years where Future Value indicates Amount of Deferred Bonus Present Value of Bonus Today = 70,000/ (1+4%) ^10 = $47,289.49