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You wish to borrow $1,500 for 8 years to start a business. You approach different lenders who have the following offers. Which is the best lender to borrow from? All percentage rates are rounded to 6 decimal places. Select one: O a. 11.660105% pa APR compounding semi-annually where there are exactly 2 semi-annual periods per year. O b. 11.386551% pa APR compounding monthly where there are exactly 12 months per year. O c. 5.830052% as an effective semi-annual rate where there are exactly 2 semi-annual periods per year. O d. 2.578059% as an effective quarterly rate where there are exactly 4 quarters per year. O e. I'll lend you the $1,500 now if you pay me a single payment of $3,713.94 in 8 years, with no other payments in between