Save points On January 1, 2019, the Big Three Company purchased equipment from Randall Corp. Big Three agreed to pay Randall $14,310 in five unul installments on nach January 1, beginning January 1, 2018. Assuming that an interest rate of 6% properly reflects the time value of money in this situation, at what amount should Big Three value the equipment? Use the following chart to compute your answer. Do not use any other factors Interest rate FV PV FVA PVA FVAD PVAD Future value of Present value Future value of Present value future value of Present value $1 of $1 an ordinary of an ordinary an annully due of an annuity annuity annuity due 5% 1.27628 .78353 5.5256 4.329948 5.8019 4.54595 6% 1.33823 .74726 5.6371 4.21236 5.9753 4.46511 7% 1.40255 71299 5.7507 4.10020 6.1533 4.38721 8% 1.46933 68058 5.8066 3.99271 6.3359 4.31213