Mr. X wants to sell his house located in XXX. He receives 3 offers from different people, namely: 1. $ 350,000 cash. 2. $ 100,000 cash and $ 10,200 a month for 30 months. 3. No down payment and $ 11,000 a month for 3 years.

Based on an annual interest rate of 7.2%, which of these offers is the most convenient for Mr. X and why?

*provide full procedure result explanation, and if possible use an excell sheet and attatch it, thanks*