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9) You have recently graduated from university and want to startpaying back your loan. The financial institution you are dealingwith has given you 5 options.

9) You have recently graduated from university and want to startpaying back your loan. The financial institution you are dealingwith has given you 5 options. All else being the same option whichoption would you choose?

a. One that charges you 3% every 3 months

b. One that charges you 6.1% every 6 months

c. One that charges you 1.0% per month

d. One that charges you 0.2% per week

e. One that charges you 23.0% over 2 years

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