Gareth has just remodeled his kitchen and wants to buy one of two stand-alone freezers. Consider the following table, which displays the prices, electricity costs, and lifespans of the two freezers he is considering:BrandBrand RBrand SPrice$575$98Avg. Cost/Wk$3.17$4.54Lifespan10 years2 yearsNo matter which brand he chooses, Gareth will pay for the freezer on his credit card, which has an APR of 9.31%, compounded monthly. It takes Gareth eighteen months to pay off a Brand S freezer and four years to pay off a Brand R freezer. Assuming that Gareth makes no other purchases or payments with his credit card, over the next ten years, which brand of freezer will have a lower lifetime cost, and how much lower will it be? (Round all dollar values to the nearest cent.)a.Brand R will be $548.18 cheaper than Brand S.b.Brand R will be $712.40 cheaper than Brand S.c.Brand S will be $85.00 cheaper than Brand R.d.Brand S will be $164.22 cheaper than Brand R.