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 $1,160,000 in cash immediately. 2. Pay $461,000 immediately and the remainder in 10 annual installments of $94,000, with the first installment due in one year. 3. Make 10 annual installments of $156,000 with the first payment due immediately. 4. Make one lump-sum payment of $1,730,000 five years from date of purchase. Required: Determine the best alternative for Harding, assuming that Harding can borrow funds at a 8% interest rate. (Round your final answers to nearest whole dollar amount.)

Option-2 is best alternative

Explanation:

Option-1

Present value of lumpsum amount-1160000

Option-2

Annual paymentt for 10 yrs-94000

Annuity for 10 yrs at 8% 6.7101

Present value of outflowws-630749

Add: Initial amount paid-461000

Present value of outflowws-1091749

Option-3

Annual paymentt for 9 yrs-156000

Annuity for 10 yrs at 8% 6.24689

Present value of outflowws-974515

Add: Initial amount paid-156000

Present value of outflowws-1130515

Option-4

Amount paid after 5 yrs-1730000

PVF at 5 yrs at 8% 0.680583

Present value -1177409

Option-2 is best alternative

answer; /// i believe that the correct answer is ( contemporary crm)

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.