Is there any other simple way to solve this question?

2. The prof fit- maximizing manager of Big Farms wants t aximizing manager of Big Farms wants to purchase a large piece of farm equipment. The manager Has ng options from two different banks. Big Ban lwill alow the manager to make five equal payments of $22,000 at the end of each of the next five years the end of the next four years and the rate is 4eyears and then make a balloon payment of $72,000 at the end of the fifth year. If the interest will allow the manager to make a payment of $10,000 at rate is 4 percent, which of the following state ments is true? The present value of the two payment plans is exactly the same, so the manager of Big F indifferent between the two payment plans. The manager of Big Farms should select Big Bank's offer as the present value of the payment plan is $97,939.60, which is lower than the payment plan offered by Best Bank. A. arms is B. C. The manager of Big Farms should select Big Bank's offer because the total repayment is less than the total repayment at Best Bank. D. The manager of Big Farms should select Best Bank's offer as the present value of the payment plan is $95.477.75, which is lower than the payment plan offered by Big Bank