You are considering options from two roofing contractors to fix your roof. Option A will last you 10 years and cost $5,300 whereas Option B will last 20 years and cost $8,200. If you are planning to take a home equity loan from your bank, at what interest rate would you be indifferent to the two options. (Hint: Use Goal Seek)

12.82%

6.22%

5.15%

Cannot be deduced