1)

i. You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $ 220 for the phone and then monthly charges of $ 5 for 24 months. Carrier B wants you to pay $ 90 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 3.9 % Based on costalone, which carrier should youchoose?