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i will thumbs up for complete answer and correct answers :) Harding Company is in the process of purchasing several large pieces of equipment from

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i will thumbs up for complete answer and correct answers :)
Harding Company is in the process of purchasing several large pieces of equipment from Danning Machine Corporation. Several financing alternatives have been offered by Danning: (FV of $1, PV of $1. FVA of $1, PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. Pay $1,010,000 in cash immediately. 2. Pay $431,000 Immediately and the remainder in 10 annual installments of $91,000, with the first installment due in one year. 3. Make 10 annual installments of $153,000 with the first payment due Immediately. 4. Make one lump-sum payment of $1,720,000 five years from date of purchase. Required: Determine the best alternative for Harding, assuming that Harding can borrow funds at a 11% interest rate. (Round your final answers to nearest whole dollar amount.) ook int rences PV 1,010,000 Option 1 Option 2 Option 3 Option 4 The best alternative for Harding

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