4. A payday loan is listed at 250% APR compounded daily, defining one year as 365 days. If you borrowed $1000 for 19 days how much will you owe and what is the EAR of this loan closest to? A) $1130.14 and the EAR is 1107.91% B) $1130.14 and the EAR is 250% C) $1138.48 and the EAR is 1107.91%`1 D) $1138.48 and the EAR is 250% E) Cannot be computed with the information given

can i see explanations thank you