QUESTION 35 0 0 0 0 O Jrme Kerviel Bank charges a one per cent each month on its business loans. On similar loans, Socit Gnrale charges a 12.8 APR, which compounds semiannually. Which option is best from the borrower's point of view? Jrme Kerviel Bank's loans because their APR is 12 per cent. Jrme Kerviel Bank's loans because their EAR is 12.68 per cent. Socit Gnrale's loans because their EAR is 13.21 per cent. Socit Gnrale's loan is the best option because its semi-annual rate is 6.4 per cent, which is larger than Jrme Kerviel Bank's semi-annual rate at six per cent. Jrme Kerviel Bank's loan is the best option because its monthly rate is one per cent, which is smaller than Socit Gnrale's monthly rate at 1.067 per cent.

semianneally. Which option is best from the bornower's point of view? Jerme Kerviel Bank's loans because their AIR is 12 per cent. Jerome Kerviel Bankis kans because their EAK is 1264 per cent Socied Ceneralen loans because their RAR is 13.21 per cent. Kebime Kervici Bank's loan is the best option becase its monthly rate is one per cont, which issmaller than Socibte Generaleis monthly rate at 1 .067 per cent