13. (Related to Checkpoint 5.7) (Calculating an EAR) After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at 14 percent compounded monthly or from a bank at 15 percent compounded weekly. Which alternative is more attractive ? If you can borrow funds from a finance company at 14 percent compounded monthly, the EAR for the loan is %. (Round to two decimal places.) %. (Round to two decimal places.) If you can borrow funds from a bank at 15 percent compounded weekly, the EAR for the loan is Based on the findings above, which alternative is more attractive? (Select the best choice below.) O A. The loan from the bank at 15% compounded weekly OB. The loan from the finance company at 14% compounded monthly