Related to Checkpoint 5.7) (Calculating an EAR) You have a choice of borrowing money from a finance company at 24 percent compounded quarterty or borrowing money from a bank at 26 percent compounded daily. Which alternative is the most attractive? funds frorn a finance comp any at 24 percent compounded quarterty, te EAR for the lani, %. Rond to dernal paces) you can borrow funds from a bank at 26 percent compounded daily, tho EAR for the loan is. % (Round to two decimal places) Based on the findings above, which alternative is more attractive? (Select the best choice below ul A. The loan from the bank at 26% compounded daily O B. The loan from, the finance company pt 24% compounded quarterly 0 Click to select your 6 2 3