Suppose you want to borrow $120,000 and you find a bank offering a 20-year loan with an APR of 6%, a. Find your regular payments if you pay n 1, 12, 26, 52 times a year. b. Compute the total payout for each of the loans in part (a) c. Compare the total payouts computed in part (b) a. The payment for n -1 would be S The payment for n 12 would be The payment for n-26 would be $ The payment for n 52 would be s (Do not round until the final answer. Then round to the nearest cent as needed.) b. For n-1, the total amount paid is $ (Round to the nearest dollar.) for n = 12, the total amount paid is $ for n = 26, the total amount paid is $ and for n-62, the total amount paid is $ c. What can be said about the frequency of payment and the total amount paid? O A. More frequent payments result in a larger total amount paid O B. Less frequent payments result in a smaller total amount paid. C. More frequent pavments result in a smaller total amount paid