Compute the monthly payment for each option. Assume that the loans are fixed rate and that closing costs are the same in both cases.You need a $$112,376$ loan.Option $1$: a $30$ year$-$loan at an APR of $8\%$ Option $2$: a $15-$year loan at $7\%$ Option $1$: $$836\mathrm{.}54$Option $2$: $$1043\mathrm{.}88$O Option $1$: $$839\mathrm{.}85$Option $2$: $$1054\mathrm{.}88$ Option $1$: $$824\mathrm{.}58$Option $2$: $$1010\mathrm{.}07$ Option $1$: $$814\mathrm{.}38$Option $2$: $$980\mathrm{.}11$