Question: i need help with this question! Someone needs to borrow $15,000 to buy a car and the person has determined that monthly payments of $300

i need help with this question!

Someone needs to borrow $15,000 to buy a car and the person has determined that monthly payments of $300 are affordable. The bank offers a 4-year loan at 7% APR a 5-year loan at 7.5% or a 6-year loan at 8% APR Which loan best meals the person's needs? Explain Which loan best meets the person's needs? (Round to the nearest cent as needed) OA. The second loan bent meets the person's needs because the monthly payment of intens than the maximum budgeted amount of 5300 per month B. The third loan best mets the person's moed because the monthly payment of Is fons that the maximum budgeted amount of $300 per month OC. The first toon best meets the personeeds because the monthly payment of so than the maximum budputed amount of 5300 per month OD. None of the loans meet the person's need X

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