Lights, Camera, and More sells filmmaking equipment. The company offers three purchase options: $(1)$ pay full cash today. $(2)$ pay oriehall down and the remaining one half plus $10\%$ in one yeat, or $(3)$ pay nothing down and the full amount plus $15\%$ in one year. George is

$\backslash$table$[[,\backslash$table$[[$Peyment$],[$Todey$]],\backslash$table$[[$Peyment in one$],[$Year$]],\backslash$table$[[$Total$],[$Pryment$]]],[$option $1,(1)90,900,50,890,090],[$Option $?,45,800,49,580,94,590],[$Option $3,$e$,103,500,183,590]]$

Required:

$1-6.$ Assuming an annual discourit rate of $175,$ calculate the present value and the total cost

$1$b$.$ Which option's cost has the lowest present value?

Complete this question by entering vour anserers in the tabs below. and pua wir $($sa$)$

$\backslash$table$[[,\backslash$table$[[$Peyment$],[$Todey$]],,],[$Option $1,5,90\mathrm{.}000,,],[$Option $2,,45000,,],[$Option $3,,$c$,,]]$