14. Rowan took out a $45,000 loan to pay for a pool to be built in his backyard. Which loan will allow him
to pay the least amount of interest?
A. 6-year loan with a 6.1% simple interest rate
B. 5-year loan with a 6.8% simple interest rate
C. 7-year loan with a 5.6% simple interest rate
D. 10-year loan with a 4.9% simple interest rate