You are trying to decide between two mobile phone carriers. Carrier A requires you to pay $220 for the phone and then monthly charges of $56 for 24 months. Carrier B wants you to pay $95 for the phone and monthly charges of $66 for 12 months. Assume you will keep replacing the phone after your contract expires. Your cost of capital is 3.9% 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.)