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l} [18 points] John needs to horrovir $3.l} now to pay for some urgent personal expenses. He wotdd like to pay hack the loan as a single lump sum amount 4 years from now. USA Bank charges 15% per year compounded monthly on personal loans. EU Bank charges 14% per year compounded daily on personal lows hut collects a 4% [of the original loan amount] administrative fee up'ont. John requests the ban}: to roll the administrative fee into the loan amountI Le.I lend him the original amount plus the administrative fee. Both hanks have agreed to a single lump sum payment at the end of four years. 1Which option should John choose and why? Show all work