Higgins Enterprises is accepting notes receivable from faur customers for $$111\mathrm{.}000$ each Which customer will end up paying the LEAST in interest assuming all individuals pay is full on the maturity date?Individual $1$ hat an annual interest rate of $6\mathrm{.}75\%$ and a maturity date of four monthsIndividual $2$ has an annual interest rate of $5\mathrm{.}90\%$ and a maturity date of one year Individual $4$ has an annual interest rate of $7\mathrm{.}15\%$ and a maturity date of eight monthsIndividual $3$ has an annual interest rate of $7\mathrm{.}2\%$ and a maturity date of $90$