You are buying furniture for your new home. You have selected furniture which is sold by an on-line retailer as well as a local furniture store. Below is a summary of the pricing/financing offering by each retailer. You plan on financing the purchase. a. On-line retailer sale price of $2,500 with financing encompassing interest at the rate of 6% annually; principal and interest are payable in equal monthly installments over a 3-year term. b. Local furniture store - sale price of $2,900 with interest-free financing; principal payments are payable in equal monthly installments over a 3-year term. What is the total amount that you would pay under each option