You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $$185$ for the phone and then

monthly charges of $$60$ for $24$ months. Carrier B wants you to pay $$115$ for the phone and monthly charges of $$76$ for

$12$ months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is $4\mathrm{.}1\%$ APR,

compounded monthly. Based on cost alone, which carrier should you choose?

The EAA for plan $A$ is $$.($Round to the nearest cent.$)$

The EAA for plan B is $$.($Round to the nearest cent.$)$

Based on the cost alone, you will choose

$($Select from the drop$-$down menu.$)$