You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $$185$ for the phone and then monthly charges

of $$60$ for $24$ months. Carrier B wants you to pay $$115$ for the phone and monthly charges of $$76$ for $12$ months. Assume you will keep

replacing the phone after your contract expires. Your cost of capital is $4\mathrm{.}1\%$ APR, compounded monthly. Based on cost alone, which

carrier should you choose?

The EAA for plan $A$ is $$.($Round to the nearest cent.$)$

The EAA for plan B is $$.($Round to the nearest cent.$)$

Based on the cost alone, you will choose

$($Select from the drop$-$down menu.$)$