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What is the present value of plan C? begin{tabular}{|c|c|c|c|} hline & plan A & plan B & plan hline Down payment & 10,000 &

image text in transcribed What is the present value of plan C?

\begin{tabular}{|c|c|c|c|} \hline & plan A & plan B & plan \\ \hline Down payment & 10,000 & 8,000 & 5,511.22 \\ \hline Annual payments & 3,148.03 & 10,030.73 & 4,053.5 \\ \hline Years & 25 & 25 & 25 \\ \hline Discount rate & 14% & 14% & 14% \\ \hline \end{tabular}

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