A loan for $3,000 with a simple annual interest rate of 15% was made on June 16 and was due on August 16. The loan was made to avoid a $200 price increase that will take place on June 21. The equipment is needed now but the money to pay for the equipment will not be available until the middle of August. Using exact interest, is it advisable to borrow the money to get the equipment now? Select the correct choice below and fill in the answer box to complete your choice. OA. No, because a modest loss of $ will be gained. B. Yes, because a modest savings of only $ will be realized.