could you help me solve this question. Not sure if the answers are correct, please show the steps. thanks

Handto-l'v'louth {HEM} is currentiy cashconstrained, and must make a decision about whether to delay paying one of its suppliers. 1 supplier $1 {1.500 with terms of 1.6f1 Net 4t], so the supplier will give them a 1.6% discount if they pay by today {when the discount can pay the full $1 {1.090 in one month when the invoice is due. HEM is considering three options: Alternative A: Forge the discount on its trade credit agreement. wait and pay the full 510305 in one month. Alternative B: Borrow the money needed to pay its supplier today from Bank A. which has offered a onemonth loan at an APR of (nointerest) compensating balance of 4.9% of the face value of the loan and will charge a $90 loan origination fee. Because HEM l' the funds to cover these additional amounts as well. Alternative C: Borrow the money needed to pay its supplier today from Bank E. which has offered a onemonth loan at an APR of origination feeI which again HEM will need to borrowto cover. Alternative A: The effective annual cost is -%. {Round in two decimal places.) Alternative B: The effective annual rate is -%. {Round to two decimal places} Alternative C: The effective annual rate is fin. {Round to two decimal places} (Select the best choice below.) (i) A. Alternative A. with the lowest effective annual rate. is the best option for HandtoMouth. O B. Alternative B. with the lowest effective annual rate. is the best option for HandtoMouth. Cl 0. Alternative C, with the lowest effective annual rate, is the best opon for HandtoMouth. CI D. All the alternatives are equivalent