2.Xtra Motors is offering a choice for its new electric scooter:

A. A 3 year payment plan: a down payment (time 0) payment of $200 and

36 monthly payments of $50 (time 1 to time 36).

B. A 2 year payment plan: 2 years of weekly payments (104 weeks total) at $20 per week (time 1 to time 104)

C.

If the discount rate is 5%, set up calculationsto determine which payment plan has a lower PV (Note: you do not have to solve for an exact solution).

could you just caculat with no excel, thanks