$\backslash (\backslash$$ $100,000\backslash )$ is loaned to the owner of a small business. The $5-$year loan is repaid using one of four payment plans: Plan $1$ makes end$-$ofyear interst payments, with a payment of principal at the end of the $5-$year loan period; Plan $2$ makes five equal end$-$of$-$year principal payments plus unpaid interest to date; Plan $3$ makes five equal annual payments; Plan $4$ makes a lump sum payment of principal and unpaid interest at the end of the $5-$year loan period. Both the lender and the borrower have an income tax rate of $\backslash (25\backslash \%\backslash ).$ The interest rate for the loan is $\backslash (12\backslash \%\backslash )$ compounded annually. Inflation is $\backslash (2\backslash \%\backslash )$ per year. Based on a real after$-$tax minimum attractive rate of return of $\backslash (8\backslash \%\backslash ),$ using a then$-$current analysis, which payment plan is best for the borrower? Click here to access the TVM Factor Table calculator. ATPW $```$ Plan $1$ Plan $ $2$ Plan $ $3$ Plan $4```$