Darnell is comparing three loan options to determine which one is best for his situation. Match each loan option with the correct description. This loan option has the lowest finance charge. This loan option has the highest finance charge. This loan option has neither the highest finance charge nor the lowest monthly payment.
Match each loan option with the correct description:
a. Option R: 14,000 principal amount, 203.67 monthly payment, 72 months loan term.
b. Option S: 15,000 principal amount, 256.24 monthly payment, 60 months loan term.
c. Option T: 16,000 principal amount, 334.43 monthly payment, 48 months loan term.