M A customer wants to take out a personal loan of £1500. They will complete repayments at the end of 6 months (182 days). The bank offers the following 3 options: Option A: At the end of the 6 months, pay back £1500 plus 8p per day for each £500 borrowed Option B: At the end of the 6 months, pay back £1500 plus 2.7% interest • Option C: At the end of the 6 months, pay back £1500 plus a monthly repayment amount of 0.5% of the total amount borrowed Which loan option is the cheapest?​