You wish to borrow $2,000 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.

Select one:

a. 13.067733% pa APR compounding monthly where there are exactly 12 months per year.

b. 13.319794% pa APR compounding quarterly where there are exactly 4 quarters per year.

c. 1.097885% as an effective monthly rate where there are exactly 12 months per year.

d. 0.252295% as an effective weekly rate where there are exactly 52 weeks per year.

e. I'll lend you the $2,000 now if you pay me a single payment of $2,599.2 in 2 years, with no other payments in between.