Annual payment of $$975$ for $12$ years at $3\%$ interest. $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

a$-2.$ Annual payment of $$775$ for $17$ years at $3\%$ interest. $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

a$-3.$ Which option would you prefer?

b$-1.$ Annual payment of $$975$ for $12$ years at $12\%$ interest. $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

b$-2.$ Annual payment of $$775$ for $17$ years at $12\%$ interest. $($Do not round intermediate calculations. Round your answer to $2$ decimal places.$)$

b$-3.$ Which option would you prefer