est: Term Test 2 This Question: 1 pt 47 of Which would be the best loan offer? Loan A has a 9.5 percent rate calculated quarterly and Loan B has a 9.25 percent rate calculated monthly O A. Loan A is compounded less frequently, so it would be the best option O B. The effective rate on Loan A is 9 84 percent and on Loan B is 9.65 percent. Therefore, Loan A is best C. The effective rate on Loan A is 9 84 percent and on Loan B is 9 92 percent Therefore, Loan B is best 0 D. Loan B is a lower interest rate, so it is the better choice answer Click to select your