Bailey Company is in the process of purchasing several large pieces of equipment One of their alternatives is make one lump-sum payment of $40,508 five years from date of purchase. If they use alternative , and assuming 7% reflects the time value of money

Bailey Company is in the process of purchasing several tage pieces al at One of the terms sekamp sum payment of $40,508 for your bom date of purchase. If they sets alternative, and staring me the time value of money, what vahi will they e lo record theme? Use only the table factors included below (do not use a scientific calculator formula etc) Table factors for periods Rate PV of 51 PV of si PVA of 51 PVA of 51 PVAD of 51 PYD O 53 1.27628 55256 4.129.00 53019 45.95 1.40255 71299 57502 10020 4.8721 9 3.82965 6.5233 4972