Question: You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $ 2 0 0 for the phone and then

You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $200 for the phone and then
monthly charges of $58 for 24 months. Carrier B wants you to pay $115 for the phone and monthly charges of $68 for
12 months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is 3.7% APR,
compounded monthly. Based on cost alone, which carrier should you choose?
The EAA for plan A is $,.(Round to the nearest cent.)
 You are trying to decide between two mobile phone carriers. Carrier

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