You have been have asked to determine the cheapest way of acquiring a vehicle . Your research has yielded the following options

Option A: End of month of payments of R6500 for 5 years at 12% per annum with a residual of R35000 .

Option B : Beginning of month payments of R6850 for 5 years at 12% per annum with no residual.

Option C : Monthly payment of R7500 for 4 years at 14% per annum with a deposit of R37000.

Determine cheapest option