Suppose you need to repay a $17,000 debt in four months. An unpaid credit card balance at the beginning of a month will be charged interest at the rate of 0.9% (per month) by your credit card company. For this situation, we have selected three plans to repay the $17,000 principal plus interest owed Plan 1 indicates that none of the Drincipal is reDaid until the end of the fourth month. The month lv Davment of interest is 1% of the total debt amount, and all of the Drincipal is also reDaid at the end of Exercise 4-129 WorkingSheet Cut 12 Wrap Text Merge & Center $ % , ": AutoSum Insert Delete Function .00 .0 Clipboard Formulas Cells E8 10 68000 612= total interest 12 Plan 2: Pay off the debt in four equal end-of-month installments (principal and interest) 13 14 15 16 17 $-mo.= 18 19 Plan 3*: Pay principal and interest in one payment at end of fourth month. 20 21 4135.25 4288.25 4288.25 4288.25 12826.16 total interest 23 24 $-mo.= 25 "Here, Column F does not equal Column CColumn E. total interest 26 Sheet 1