A new homeowner is purchasing a living room set for $2,975 and must decide between two monthly installment financing offers. Offer 1: $250 down payment, remaining balanced financed at a 24.90% interest rate for 3 years. Offer 2: $400 down payment, remaining balanced financed at a 22.90% interest rate for 4 years. Part A: What is the total cost of offer 1? Explain which technology you used to solve and each step of your process. (3 points) Part B: What is the total cost of offer 2? Explain which technology you used to solve and each step of your process. (3 points) Part C: Which financing offer should the new homeowner choose? Explain your reasoning. (4 points)

for technology they want to use EXCEL