12. Tom wants to buy a $30,000 car. He can pay cash now or choose between two payment plans Plan A. $600 per month for 5 years, the first payment starts exactly one month from today Plan B. $4000 down payment today, $510 per month for 5 years with the first payment due exactly one month from today Assuming an interest rate of 6% p.a., all else constant, which of the following options should Tom choose? a. Payment Plan A b. Payment Plan EB c. Pay $30,000 cash now d. All three options are the same e. Not enough information