1) Patrick is graduating and moving from Pittsburgh, so he agrees to sell his car to his friend Zach. Patrick accumulated a lot of credit card debt as a student, and he intends to use the money from selling his car to pay down his credit card debt, which has a 20% APR (interest rate). Zach has a part-time campus job that he has used to pay for his meal plan, but he can use these earnings to pay for the car and then increase his student loan amount to pay for his meal plan. His student loan has a 5% APR (interest rate). Patrick and Zach are considering whether Zach will pay for the car entirely up front with a single payment of S2650 now or in two installments of $1400 now and another $1400 one year from now. What is the NPV of each payment plan for each of them? Which payment plan do you expect they will agree on