John is planning to take out a personal loan for $4,500 to buy a car. He would like to keep his monthly payments at or below $150.00 and pay the loan off in three years. Which of the following is the greatest interest rate John can accept and still meet his criteria? a. 10.75% compounded monthly b. 11.50% compounded monthly c. 12.25% compounded monthly d. 13.00% compounded monthly Please select the best answer from the choices provided