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5 . 7 5 percent state ) on the C D interest earnings. Should he cash in the CD or use the in - store

5.75 percent state) on the CD interest earnings. Should he cash in the CD or use the in-store financing? Why?
Note: Round intermediate computations to at least five (5) decimal places.
The after-tax CD earnings rate is
%.(Round to two decimal places.)
Should he cash the CD or use the in-store financing? (Select the best choice below.)
A. Antonio should use the in-store financing to purchase the golf clubs because 2.43% is greater than his after-tax CD earnings rate of 1.92%.
B. Antonio should cash in his CD to purchase the golf clubs because his after-tax CD earnings rate of 1.92% is less than the in-store financing rate of 2.43%.
C. Antonio should use the in-store financing to purchase the golf clubs because 2.43% is the same as his CD earnings rate of 2.77%.
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