Listen American Electric Power agreed to spend total of $4.3 billion through 10 years to clean up 46 coal-fired power plants that are believed to be contributing to acid rain. The plan is to reduce nitrogen oxide emissions by 69% by 2016 and sulfur dioxide emissions by 79% by 2018. Assume Plan A is to spend $0.5375 billion per year in years 1 through 3 and then spend $0.5375 billion per year in years 6 through 10. Plan B is to spend $0.43 billion in each of years 1 through 10. At an interest rate of 8% per year and 10 year study period, what is the present worth of each plan and which plan should be selected? O Plan A = -$2.35 billion; Plan B = -$2.09 billion (Select Plan B) billion (Select Plan Awhich plan should be selected? C Plan A = -$2.35 billion; Plan B.= -$2.09 billion (Select Plan B) Plan A = -$2.64 billion; Plan B = -$2.67 billion (Select Plan A) O Plan A = -$2.85 billion; Plan B = -$2.89 billion (Select Plan A) C Plan A = -$2.35 billion; Plan B = -$2.09 billion (Select Plan A) Plan A = -$2.85 billion; Plan B = -$2.89 billion (Select Plan B) O Plan A = -$2.64 billion; Plan B = -$2.67 billion (Select Plan B)