Marin Excavating Inc. is purchasing a bulldozer. The equipment has a price of $107,700. The manufacturer has offered a payment plan that would allow Marin to make 10 equal annual payments of $18,287.61, with the first payment due one year after the purchase. How much total interest will Marin pay on this payment plan? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 458,581.) Total interest $ Marincould borrow $107,700 from its bank to finance the purchase at an annual rate of 9%. Click here to view factor tables Should Marin borrow from the bank or use the manufacturer's payment plan to pay for the equipment? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to O decimal places, e.g. 7%.) Manufacturer's rate