XYZ is deciding among 3 loans that would each involve her receiving $8,000 today and then paying back the original principal and all accrued interest in 1 year from today. Loan A has an APR of 14.40%, compounded annually. Loan B has an APR of 13.60%, compounded quarterly. Loan C has an APR of 13.60%, compounded continuously. Which of the following assertions is true if XYZ prefers loans with lower costs more than she prefers loans with higher costs?

	a.	XYZ would prefer loan A to loan B and XYZ would prefer loan A to loan C
	b.	XYZ would prefer loan A to loan B and XYZ would prefer loan C to loan A
	c.	XYZ would prefer loan B to loan A and XYZ would prefer loan A to loan C
	d.	XYZ would prefer loan B to loan A and XYZ would prefer loan C to loan A