Tyson Company purchased an asset that required the following payments: a. a $7,000 down payment made at the date of purchase b. C. d. payments of $5,000 at the beginning of every three months for four years a lump sum payment of $14,000 made five years from the date of purchase a lump sum payment of $19,000 made six years from the date of purchase Using an interest rate of 20% compounded quarterly, calculate the total present value of the payments made by Tyson Company. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 11. Click on the link labeled present & future value table factors. No credit will be awarded for this question using a means other than these posted table factors to answer this question. Present Value of a Lump-Sum Rate of interest per period in percent Periods 1% 3% 5% 6% 8% 9% 10% 12% 15% 20% 3 0.985 0.915 0.863 0.840 0.793 0.772 0.751 0.712 0.657 0.578 15 16 17 18 19 21 23 4567890256782222222 0.980 0.888 0.822 0.792 0.735 0.708 0.683 0.635 0.571 0.482 0.975 0.862 0.783 0.747 0.680 0.649 0.621 0.567 0.497 0.401 0.970 0.838 0.746 0.705 0.631 0.596 0.564 0.507 0.432 0.334 0.965 0.813 0.710 0.665 0.583 0.547 0.513 0.452 0.375 0.279 0.960 0.789 0.676 0.627 0.540 0.501 0.466 0.403 0.326 0.232 0.956 0.766 0.644 0.592 0.500 0.460 0.424 0.360 0.284 0.193 10 0.951 0.744 0.613 0.558 0.463 0.422 0.385 0.322 0.247 0.161 12 0.941 0.701 0.556 0.497 0.397 0.356 0.318 0.257 0.186 0.112 0.927 0.641 0.481 0.417 0.315 0.274 0.239 0.183 0.122 0.064 0.923 0.623 0.458 0.393 0.291 0.251 0.217 0.163 0.106 0.054 0.918 0.605 0.436 0.371 0.270 0.231 0.197 0.145 0.092 0.045 0.914 0.587 0.415 0.350 0.250 0.212 0.179 0.130 0.080 0.037 0.909 0.570 0.395 0.330 0.231 0.194 0.163 0.116 0.070 0.031 0.905 0.553 0.376 0.311 0.214 0.178 0.148 0.103 0.061 0.026 0.900 0.537 0.358 0.294 0.198 0.163 0.135 0.092 0.053 0.021 0.896 0.522 0.341 0.277 0.183 0.150 0.122 0.082 0.046 0.018 0.891 0.507 0.325 0.261 0.170 0.137 0.111 0.073 0.040 0.015 0.887 0.492 0.310 0.247 0.157 0.126 0.101 0.065 0.034 0.012 0.882 0.478 0.295 0.233 0.146 0.116 0.092 0.058 0.030 0.010 60 0.741 0.169 0.053 0.030 0.009 0.005 0.003 0.001 0.001 0.001 Present Value of an Annuity Rate of interest per period in percent Periods 1% 3% 5% 6% 8% 9% 10% 12% 15% 20% 3 2.970 2.828 2.723 2.673 2.577 2.531 2.487 2.402 2.283 2.106 4 3.950 3.717 3.546 3.465 3.312 3.239 3.170 3.037 2.855 2.588 5 4.925 4.579 4.329 4.212 3.992 3.889 3.790 3.604 3.352 2.990 6 5.896 5.417 5.076 4.917 4.623 4.485 4.355 4.111 3.784 3.325 7 6.862 6.230 5.786 5.582 5.206 5.033 4.868 4.563 4.160 3.604 8 7.823 7.019 6.463 6.209 5.746 5.534 5.334 4.967 4.487 3.837 9 8.779 7.786 7.108 6.801 6.247 5.995 5.759 5.328 4.771 4.031 10 9.730 8.530 7.721 7.360 6.710 6.417 6.145 5.650 5.018 4.193 12 11.618 9.954 8.863 8.383 7.536 7.160 6.813 6.194 5.420 4.439 15 14.416 11.937 10.379 9.712 8.559 8.060 7.606 6.810 5.847 4.675 16 15.339 12.561 10.836 10.105 8.851 8.312 7.823 6.974 5.954 4.729 17 16.258 13.166 11.274 10.477 9.121 8.543 8.021 7.119 6.047 4.774 21 822222228 18 17.172 13.753 11.689 10.827 9.371 8.755 8.201 7.249 6.128 4.812 19 18.082 14.323 12.085 11.158 9.603 8.950 8.364 7.365 6.198 4.843 20 18.987 14.877 12.460 11.469 9.818 9.128 8.500 7.469 6.259 4.869 15.415 19.888 20.784 15.936 13.163 12.041 12.821 11.764 10.016 9.292 8.648 7.562 6.312 4.891 10.200 9.442 8.771 7.644 6.358 4.909 23 21.675 16.443 13.488 24 22.562 16.935 13.798 12.550 12.303 10.371 9.580 8.883 7.718 6.398 4.924 10.528 9.706 8.984 7.784 6.433 4.937 25 23.445 17.413 14.093 60 51.725 27.675 18.929 12.783 10.674 9.822 9.077 7.843 6.464 4.947 16.161 12.376 11.048 9.967 8.324 6.665 4.999