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Lights, Camera, and More selis filmmaking equipment. The company offers three purchase options: (1) pay...

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Accounting

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Lights, Camera, and More selis filmmaking equipment. The company offers three purchase options: (1) pay full cash today, (2) pay one-half down and the remaining one-half plus 10% in one year, or (3) pay nothing down and the full amount plus 15% in one year. George is considering buying equipment from Lights, Camera, and More for $75,000 and therefore has the following payment options: Required: 1-a. Assuming an annual discount rate of 11%, calculate the present value and the total cost. 1-b. Which option's cost has the lowest present value? Complete this question by entering your answers in the tabs below. Assuming an annual discount rate of 11%, calculate the present value and the total cost. Assuming an annual discount rate of 11\%, calculate the present vatue and the totalcost: (IVV of \$1, PV of \$1, FVA of \$1, and PVA of $1 )

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