Someone needs to borrow $$12,000$ to buy a car and the person has determined that monthly payments of $$225$ are affordable. The bank offers a $4-$year loan at $6\%$ APR, a $5-$year loan at $6\mathrm{.}5\%,$ or a $6-$year loan at $7\%$ APR. Which loan best meets the person's needs? Explain.

Which loan best meets the person's needs?

$($Round to the nearest cent as needed.$)$

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

C$.$ 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.

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