Assume that Sonic Foundry Corporation has a contractual debt outstanding Sonic has avalilable two means of settiement it can either make immediate payment of $2,458,000, orit can make annual payments of $336,800 for 15 years each piyment due on the last day of the year. Click here to view factor fables. Which method of payment do yoo recommend, ascuming an expected elfective interest rate of 11% daring the future period? Round foctor velues to 5 decinal places, es. 1.25124 and final answer to 0 decimel placei, es. 458.581.) Present value of annual purments Recommended parment method