Please see attached question. This is for corporate finance homework

5; Question Help (Compound interest with nonannual periods) After examining the various personal loan rates available to you, you nd that you can borrow funds from a nance company at an APR of 8 percent compounded weekly or from a bank at an APR of 9 percent compounded monthly. Which alternative is more attractive? a. If you borrow $100 from a nance company at an APR of 8 percent compounded weekly for 1 year, how much do you need to payoff the loan? $ (Round to the nearest cent.) b. If you borrow $100 from a bank at an APR of 9 percent compounded monthly for 1 year, how much do you need to payoffthe loan? $ (Round to the nearest cent.) 0. Based on the ndings in parts (a) and (b), which alternative is more attractive? (Select the best choice below.) 0 A. The loan from the nance company at an APR of 8% compounded weekly. O B. The loan from the bank at an APR of 9% compounded monthly