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ABC Inc. offers high-end home electronics and has two payment plans for its television product. A customer interested in purchasing the television considered his two options: Plan A $300 Plan B $100 Up-front payment at purchase Annual payment beginning one year from date of purchase $100 for 4 years $150 for 5 years Based on a present value analysis assuming a discount rate of 5%, which plan results in the lower present value cost to the customer? Future Value of $1. Present Value of St. Future Value Annuity of $1. Present Value Annuity of $1. Multiple Choice O O Pian A O Plan B 0 The two plans are equivalent, so the customer is indifferent It cannot be determined from the information provided