( 1 point) Sara wishes to purchase a stereo system. She is offered the following payment options: Option 1: $0 down $445 in 1 year $300 in 2 years Option 2: $85 down $260 in 1 year $400 in 2 years Determine the range of interest rates for which the present value of Option 2 is less than the present value of Option 1. Lower limit of range = Upper limit of range =