Tony wants to pay off his credit card balances within 12 months. He is trying to decide if he should use his $1,000 in savings to pay off part of the balances or if he should transfer the balances to a new card with a low introductory rate. The new credit card has an introductory rate of 7% but charges a balance transfer fee of $75 for each balance transfer. Evaluate Tony's options and recommend the debt management plan that would give him the lowest monthly payment. Credit Card A: $794 Credit Card B: $579 a. Pay off Credit Card B using the savings. Transfer the balance of Credit Card A to the new card. b. Pay off Credit Card A using the savings. Transfer the balance of Credit Card B to the new card. c. Pay off $500 from both Credit Card A and Credit Card B. Transfer the remaining balances from both cards to the new card. d. Pay off all of Credit Card A, and $206 of Credit Card B. Transfer the remaining balance of Credit Card B to the new card. Please select the best answer from the choices provided.