the Hallall low 563 You are offered 3 options of a $50,000 car loan over 2.5 years. (a) 5% flat with level monthly installments in arrears, (b) 4.6% flat with level quarterly installments in advance, (c) 8% APR in the first year, which increases to 9% afterwards, with level quarterly installments in arrears. Which option would you choose? nou a le year loan of $10,000