Question $6$

You need to borrow $$15,000,$ and two financial companies offer the $10-$year payment plans below Considering a MARR of $6\%$; $($a$)$ Draw the cash flow for both plans; $($b$)$ Which options should you choose?

Plan A: Pays $$3,000$ in year $1,$ and the anmual payment is reduced by $$200$ annually.

Plan B: Pays $$2\mathrm{.}000$ in year $1$ and annual payment increases $4\%$ yearly.