Someone needs to borrow $13,000 to buy a car and the person has determined that monthly payments of $250 are affordable. The bank offers a 4-year loan at 7 APR. 5-year loan at 7.5% or a 6-year loan at 8% APR Which loan best meets the person's needsExplain is less than the maximum budgeted amount of $250 per month Which loan best meets the person's needs? (Round to the nearest cent as needed) O A The first loan bost meets the person's needs because the monthly payment of OD. The third loan best meets the person's needs because the monthly payment of OC The second loan best meets the person's needs because the monthly payment of OD. None of the loans meet the person's needs is less than the maximum budgeted amount of $250 per month is less than the maximum budgeted amount of $250 per month