(4 points] John and Sara are very excited that their $265,500 offer to purchase their dream home has been accepted by the current owners. Thanks to some careful saving over the last few years, they have saved 11% of the purchase cost that they will use as a down payment. The bank has offered John and 3. Sara two different mortgage options and they have asked for your expert guidance to help them make a decision. A: 30-year fixed rate mortgage with a 7.50% APR. Option B: A 30-year adjustable rate mortgage with interest rates estimated as follows: Years Interest Rate (APR) 0-5 6-10 11-30 6.75% 7.00% 7.50% a. b. c. 11 point] Determine the monthly loan payment for the fixed rate mortgage (Option A) (1.5 points] Determine the monthly loan payments for the adjustable rate mortgage (Option B) (1 points) Which of the two loan options (A or B) should John and Sara choose? Support your selection wit loan. h a comparison of the total interest paid on each loan option over the term of the d. (0.5 points | Are there any reasons why John and Sara might choose the less desirable option? Support your decision with some br ief statements of support (1-5 sentences)