A lender will make a loan on a residential property at an 80% loan-to-value ratio. The house is appraised at $98,000, but the actual sale price is $96,000. Which of the following statements will be true? Select one: O a. The cash down payment will be $19,200. O b. The loan will be in the amount of $78,400. O c. The cash down payment will be $17,600. O d. The loan will be in the amount of $80,000