Amount of Payment Total Interest Paid Effective Interest Rate Thousands Option A $ $ Option B $ 7,086.26 $ 20,070.24 4.210% 6,527.10 6,650.40 4.280% Unpaid Blance Option A Option B $160 $140 $120 $100 $80 $60 $40 $20 S- 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Payment Number + Which option is better and why