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 a. 2,376 b. 2,460 c. 2,497 d. 2,566 e. 2,675 The principal in the fund at end of 12th year