Appendix C Homework i 16 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 from Lights, Camera, and more for $150,000 and therefore has the following payment options: 0.12 points 8 02:57 Option Option 2 Option 3 Payment Today $150,000 75,000 . Payment in One Year $ 0 82,500 172,500 Total Payment $150,000 157,500 172,500 Print Required: 1-a. Assuming an annual discount rate of 11%, calculate the present value and the total cost. (FV of $1. PV of $1. FVA of $1, and PVA of $5) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Merences Payment Today Present Value of Payment in One Year Total Present Value for Total Cost) Option 1 Option 2 Option 3 1-b. Which option's cost has the lowest present value? O Option 1 O Option 2 O Option 3 14 0.12 points You want to save for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 today. Required: How much do you expect to have in 30 years? (FV of $1. PV of $1. EVA of S1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) 02.16.10 Future value Derince