someone needs to borrow $$10,000$ to buy a car and the person has determined that monthly payments of $$225$ are affordable.

The bank offers a $3$ year loan at $7\%$ APR, a $4$ year loan at $7\mathrm{.}5\%$ APR, or a $5-$year loan at $8\%$ APR. Which loan best meets the person's needs? Explain.

Which loan best meets the persen's needs? $($Round to the nearest cent as needed.$)$

A$.$ The third loan best meets the person's needs because the monthly payment of $$$ is less than the maximum

budgeted amount of $$225$ per month.

B$.$ The first loan best meets the persen's needs because the monthly payment of $$$ is less than the maximum budgeted amount of $$225$ per month.

C$.$ The second loan best meets the person's needs because the monthly payment of $$$ is less than the maximum budgeted amount of $$225$ per month.

D$.$ None of the loans meet the person's needs.