Milan Company is purchasing equipment. The equipment has a price of $200,000. The manufacturer has offered a payment plan that would allow Milan to make 10 equal annual payments of $28,474, with the first payment due one year after the purchase. A. (3 points) How much total interest will Milan pay on this payment plan? B. (4 points) What is the interest rate that applies on the payment plan? C. (3 points) Milan could borrow $200,000 from its bank to finance the purchase at an annual rte of 6.5%. Should Milan borrow from the bank or use the manufacturer's payment plan to pay for the equipment