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Tyson Company purchased an asset that required the following payments: a. a $7,000 down payment made at the date of purchase b. payments of $5,000

image text in transcribed Tyson Company purchased an asset that required the following payments: a. a \$7,000 down payment made at the date of purchase b. payments of $5,000 at the beginning of every three months for four years c. a lump sum payment of $14,000 made five years from the date of purchase d. 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 fact posted in carmen to answer this question. To access the factors, click modules and then scroll to week 11 . Clic the link labeled present \& future value table factors. credit will be awarded for this question using a means than these posted table factors to answer this

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