10.4.35 Question Help Grisha needs to borrow $1700 for an automobile repair. She finds that Bank A charges 4.4% simple interest on the amount borrowed for the duration of the loan and requires the loan to be repaid in six equal monthly payments. Bank B offers loans of $1700 to be repaid in 12 monthly payments of $145.92. Answer parts (a) through (d). Annual Percentage Rate of 5.0% 5.5% 6.0% 7.0% 7.5% 8.0% 8.5% 9.0% Payments (Finance charge per $100 of amount financed) 6 1.46 1.61 1.76 1.90 2.05 2.20 2.35 2.49 2.64 12 2.73 3.00 3.28 3,56 3.83 4.11 4.39 4.66 4.94 Number 6.5% a) How much interest is charged by Bank A? Bank A charges sin interest. (Type an integer or a decimal.) Enter your answer in the answer box and then click Check Answer. Check Answer Clear All parts remaining tv MacBook Pro 10.4.35 Question Help Grisha needs to borrow $1700 for an automobile repair. She finds that Bank A charges 4.4% simple interest on the amount borrowed for the duration of the loan and requires the loan to be repaid in six equal monthly payments. Bank B offers loans of $1700 to be repaid in 12 monthly payments of $145.92. Answer parts (a) through (d). Annual Percentage Rate of 5.0% 5.5% 6.0% 7.0% 7.5% 8.0% 8.5% 9.0% Payments (Finance charge per $100 of amount financed) 6 1.46 1.61 1.76 1.90 2.05 2.20 2.35 2.49 2.64 12 2.73 3.00 3.28 3,56 3.83 4.11 4.39 4.66 4.94 Number 6.5% a) How much interest is charged by Bank A? Bank A charges sin interest. (Type an integer or a decimal.) Enter your answer in the answer box and then click Check Answer. Check Answer Clear All parts remaining tv MacBook Pro