ezi needs to borrow $$20,000$ for $4$ years. The loan will be repaid in one lump sum at the end of the loan term. Which one of the following interest rates is best for him?

Group of answer choices

$7\mathrm{.}7$ percent interest, compounded monthly

$7\mathrm{.}7$ percent interest, compounded quarterly

$5\mathrm{.}5$ percent interest, compounded monthly

$5\mathrm{.}5$ percent interest, compounded annually