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Fifth / Third Bank is offering new instant $ 1 0 0 , 0 0 0 loan. The loan must be paid in one year,

Fifth/Third Bank is offering new instant $100,000 loan. The loan must be paid in one year, with a single lump sum payment of $119,561.8171. Investors must be aware that although the APR is quoted by law in all loan documents, the interest is accrued or compounded monthly. What is the APR appearing on 5/3 Bank instant loans contracts
A.19.5618%
B.7.9876%
C.1.5%
D.18%
E.24%

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