You are offered two options for purchasing an Apple MacBook Option 1: Upfront where you pay $2800 now. Option 2: monthly payment plan of $125/month, starting today, with a final payment to be made 23 months from today. What is the effective annual interest rate that would make you indifferent to the two options? The formula(s) used to solve this question is (are) PMT 1 1. PV= (1 + i) i (1 + i)" i m 2. EAR = 1 + -1 m PMT 1 3. PV = 1- (1 + i)" FV 4. PV = (1 + i)" A. Formula 2 and 4 B. Formula 3 and 2 C. Formula 2 only D. Formula 1 and 2 The montly interest that makes you indifferent to the two options is % (round answer to 5 decimal places) The EAR that makes you indifferent to the two options is % (round answer to 2 decimal places)