2. Suppliers X and Z are competing to sell your company supplies. The full price of supplies from supplier X is $2,200 and they offer these payment plans: 5.7% discount if you pay within 10 days, otherwise pay full price within 290 days. The full price with supplier Z is $2,270 and they offer these payment plans: 6.4% discount if you pay within 20 days, otherwise pay full price within 285 days. Your company financing rate is 8.2% compounded daily. 1. Calculate the present value of the cost of both plans from Supplier X. 2. Calculate the present value of the cost of both plans from Supplier Z. 3. Choose the best plan