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

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Lights, Camera, and More sells 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 trn L ghts, Camera and More for S135000 and therefore has the following payment options Payment in Today One YearTotal Payment Option 1 Option 2 Option 3 $135,000 67,500 74,250 155,250 $135,000 141,750 155,250 Required: 1-a Assuming an annual discount rate of 11%, calculate the present value and the total cost provided. Round your answers to 2 decimal places.) o 1 P o 1 R 0 1 and P o 1) (use appropriate factors) from the tables Present Value of Total Present Payment in One Value (or Total Cost) $ 135,000.00 Year Option 1 Option 2 Option 3

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