Please Help ASAP! I'll Mark Brainlest For fully explained and correct answer!

Part 2: Analyze

3. Review the loan offers that have been provided to Eric. Consider his financial situation and think about which loan is best for him. Then answer the following questions.

a. Should Eric choose the loan that is cheapest overall? Why or why not?

b. What are the advantages and disadvantages of a shorter-term versus a longer-term loan?

c. Which loan should Eric choose? Why? Explain your reasoning in a complete paragraph, using a least three supporting details.

d. What should Eric do to be a responsible borrower? What should he do if he is unable to make his loan payments? What are some downsides of late payments?

e. Does Eric have any other options besides the ones presented here? Try to think of at least two other options.