You wish to borrow $1,000 for 2 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. Question 11Select one: a. 9.568969% pa APR compounding monthly where there are exactly 12 months per year. b. 9.532263% pa APR compounding daily where there are exactly 365 days per year. c. 0.797414% as an effective monthly rate where there are exactly 12 months per year. d. 2.411369% as an effective quarterly rate where there are exactly 4 quarters per year. e. I'll lend you the $1,000 now if you pay me