If I could please get some work shown so I can learn to do it myself.Thanks in advance!

3. David wishes to purchase a stereo system. He is offered the following payment options: Option 1 $0 down $432 in 1 year $300 in 2 years Option 2 $82.56 down $250 in 1 year $400 in 2 years Determine the range of interest rates for which the present value of Option 1 is less than the present value of Option 2. A. More than 4.2% but less than 16.3% B. Less than 4.2% or more than 16.3% C. More than 3.5% but less than 10.2% D. Less than 3.5% or more than 10.2% E. More than 4.2%